India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers' Forum (BMTF), with a view to addressing existing trade barriers.
The emergence of the Indo-Pacific and the maturing of the Quad are noteworthy for promoting global good, External Affairs Minister S Jaishankar said on Friday noting that the world today is clearly headed "for re-globalization, not de-globalization" and global manufacturing and supply chain