double-skinned crabsVietnamese crab exportergood crabexellent crab

India Invites Indonesia to Join $5 Trillion BIMSTEC Bloc

Jayanty Nada Shofa
September 15, 2025 | 4:16 pm
SHARE
President Prabowo Subianto meets Indian Prime Minister Narendra Modi for some bilateral talks in New Delhi on Jan. 25, 2025. (Photo Courtesy of Presidential Press Bureau)
President Prabowo Subianto meets Indian Prime Minister Narendra Modi for some bilateral talks in New Delhi on Jan. 25, 2025. (Photo Courtesy of Presidential Press Bureau)

Jakarta. India wants Indonesia to be part of the BIMSTEC, a New Delhi-led multi-trillion bloc, as it wants to double down trade with Jakarta.

The seven-member BIMSTEC is short for Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. The group brings together countries bordering the Bay of Bengal, a large embayment nested in the northeastern Indian Ocean. Its boundary reaches up to the northern tip of the Indonesian island of Sumatra.

Like traditional international groupings, BIMSTEC deals with boosting trade and other forms of cooperation. The bloc encompasses Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar, and Thailand, bringing the combined gross domestic product (GDP) to $5 trillion. Indian Ambassador to Indonesia Sandeep Chakravorty said Monday that New Delhi wanted Jakarta to be the club’s eighth member, citing that other ASEAN nations had already joined in.

“Indonesia should look at becoming a member of the BIMSTEC. They [the group] recently changed its charter and are now allowing new members,” Chakravorty told a conference in Jakarta.

ADVERTISEMENT

Indonesia reported its trade with India had declined from $27 billion in 2023 to $26 billion the following year. Indonesia’s annual exports remained at around $20 billion over the same period. Bilateral trade only reached almost $13.7 billion in the first seven months of 2025, quite a drop from the $15.6 billion recorded in January-July 2024. Chakravorty admitted that it could be difficult for both sides to reach their $50 billion bilateral trade target, saying that there was nothing wrong with revising it to a more realistic goal.

India is the biggest economy in BIMSTEC and Indonesia’s biggest trading partner within the group, seconded by Thailand. The two Southeast Asian nations engaged in $17.4 billion worth of trade last year, data showed.

Both Thailand and Bhutan have proposed the establishment of an intra-BIMSTEC free trade area.

The Jakarta Globe has reached out to the Foreign Ministry’s spokesman Vahd Nabyl A Mulachela for comments, particularly on Indonesia’s interest in the bloc and whether official talks had begun for membership. 

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Aug 26, 2026 | 11:15 am

Indonesia’s Palm Oil Export to China Rises by Double Digits

Indonesia's monthly palm oil shipments to China rose by 67% in June, Gapki reported.
Lifestyle Jul 24, 2026 | 12:45 pm

India Offers Help for Indonesia’s ‘New Bali’ Dream

India says that it can play a "big role" in opening up new tourist destinations in Indonesia.
Business Jul 24, 2026 | 8:30 am

India Eyes Indonesia for Economic Buffer Against Global Shocks

India is seeking closer economic ties with Indonesia to help shield both countries from currency volatility and supply chain disruptions.
Business Jul 7, 2026 | 11:20 pm

Indonesia, India to Connect QR Payment Systems by End-2026

Indian Prime Minister Narendra Modi says that a cross-border QR payment linkage with Indonesia will improve ease of doing business.
Business Jul 4, 2026 | 9:23 am

India Keeps Eye on Indonesia’s Tight State Control over Palm Oil Exports

President Prabowo Subianto’s decision to have a single state-run agency oversee the entire palm oil export has kept everyone on their toes.
News Jul 3, 2026 | 6:20 pm

India’s Modi to Meet Prabowo Next Week for Critical Minerals

India is also eyeing a joint venture partnership with Indonesia to ensure access to critical minerals.

The Latest


Special Updates 24 minutes ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 1 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 1 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 3 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 4 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED