Jakarta, July 22 -- The ratification of the ASEAN Food Safety Regulatory Framework Agreement (AFSRFA) could boost Indonesia's food trade balance by up to 634.83 million USD, said Trade Minister Budi Santoso on July 21. The agreement is expected to achieve this by harmonising food safety standards, thereby streamlining trade and investment flows across the ASEAN region, reported Indonesia's national news agency Antara. During a meeting with Commission VI of the House of Representatives (DPR) monitored online in Jakarta on the day, Budi noted that the agreement is also projected to generate 252.17 million USD in national welfare gains. "According to a study conducted by the Ministry of Trade, this agreement will boost investment flows into ...