Jakarta, July 24 -- Indonesia is seeking to strengthen its economic presence across the Pacific by deepening ties with Chile, leveraging a bilateral trade agreement to expand market access, investment, and regional economic integration.

Located on South America's Pacific coast, Chile occupies a strategic position in the region's economic network, making it an increasingly important partner as Indonesia diversifies its export markets and strengthens its commercial presence across the Pacific.

The two countries' economic relationship has strengthened through the Indonesia-Chile Comprehensive Economic Partnership Agreement (IC-CEPA), which has governed trade in goods since Aug. 10, 2019.

The agreement grants zero import tariffs on 6,704 I...