Jakarta, Aug. 12 -- The signing of the Indonesia-Peru Comprehensive Economic Partnership Agreement (IP-CEPA) is a right step to unlock new export markets for Indonesia in the Latin American region, according to economist Piter Abdullah.

He said that export market diversification is highly necessary to ensure Indonesia does not rely too heavily on just one or two trading partner countries.

"The fact is: we cannot rely on just a few trading partners," Abdullah said at a press conference on the Digital Economy Research Report here on Tuesday.

He added that market diversification will also make Indonesia's trade composition healthier.

"We will have a healthier (trade) composition. We will not depend on one country. Diversification, and th...