The meeting discussed efforts to strengthen bilateral trade cooperation, including proposals to begin negotiations for a Preferential Trade Agreement (PTA) and a Free Trade Agreement (FTA). Indonesia, Egypt Eye New Trade AgreementsAt the first JTC meeting, Indonesia and Egypt agreed to explore a trade agreement aimed at increasing bilateral trade and investment. Bilateral Trade Reaches $1.74 BillionEgypt ranked as Indonesia's 24th-largest export destination and 40th-largest source of imports, according to Indonesia's Trade Ministry. Bilateral trade reached $1.74 billion in January-June 2026, comprising $1.09 billion in Indonesian exports to Egypt and $647.7 million in imports from Egypt. Indonesia recorded a $1.50 billion trade surplus with Egypt in 2025, with exports reaching $1.94 billion and imports totaling $439.8 million.