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International relations

India raises the alarm over trade deficit with Indonesia

Modi's government seeks easing of auto curbs and wider access for farm products

Indian Prime Minister Narendra Modi, right, with Indonesian President Joko Widodo at an ASEAN meeting in Singapore last November: The two leaders have agreed to work toward a goal of $50 billion in trade between their countries by 2025, more than double the current level.   © Reuters

NEW DELHI -- Indian Prime Minister Narendra Modi's government has expressed concern over his country's trade deficit with Indonesia and is seeking greater market access in the auto and agricultural sectors in Southeast Asia's largest economy.

Among the 10 members of the Association of Southeast Asian Nations, Indonesia is India's second-largest trading partner after Singapore, with annual bilateral trade of $21 billion, which the two countries aim to boost to $50 billion by 2025.

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