Jakarta, Oct. 17 -- The Indonesian and Timor Leste governments plan to review and update the 21-year-old Traditional Border Crossings and Regulated Markets Agreement.

"This plan will be carried out under the bilateral trade agreement framework currently under discussion," Indonesian Trade Minister Budi Santoso remarked in a statement on Friday.

He explained that the agreement focuses on regulating border trade to meet the daily needs of people in border areas, excluding export and import activities.

One important aspect of facilitating trade flows, he added, is harmonizing regulations at border crossings.

According to Santoso, Indonesia is committed to strengthening of cross-border trade, including by capacity building and regional ec...