Indonesia and Canada agreed to a deal to lower trade barriers and ease investment procedures, part of efforts by both nations to expand global economic ties in the wake of higher US tariffs.

(Bloomberg) — Indonesia and Canada agreed to a deal to lower trade barriers and ease investment procedures, part of efforts by both nations to expand global economic ties in the wake of higher US tariffs.

Indonesian President Prabowo Subianto and Canadian Prime Minister Mark Carney signed the pact, known as a comprehensive economic partnership agreement, at a meeting in Ottawa on Wednesday.

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Officials in Indonesia previously said the deal would help more than 90% of the country’s goods get better access to the Canadian market, including textiles, paper, processed foods and palm oi

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