<h1>India-Indonesia Trade May Quadruple to USD 120 Billion in Next Decade, Boosted by Cultural Ties and Defense Cooperation.</h1> Bilateral trade between India and Indonesia, currently at USD 30 billion, could quadruple in the next decade, according to the head of the Indonesia Chamber of Commerce and Industry. The historical cultural ties between the countries are seen as a foundation for deepening trade and investment. Discussions between the nations include addressing tariff barriers and enhancing cooperation in defense manufacturing. Concerns were raised about potential US tariffs on BRICS nations, but Indonesia remains committed to balancing its trade relations with both the US and BRICS. The Indonesian President expressed interest in a free trade agreement with the US.