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ndonesia will host a trade delegation led by New Zealand Prime Minister John Key next week in a bid to strengthen economic ties and consolidate a number of investment opportunities, state officials have confirmed.

Key will mark his second visit to the archipelago by engaging President Joko “Jokowi” Widodo in bilateral discussions and witness the signing of cooperation agreements, including one that will renew both parties’ commitments to develop the domestic renewable energy sector.

The PM previously met Jokowi late last year on the sidelines of the ASEAN Summit in Myanmar, to discuss the construction of geothermal plants in Indonesia.

At the time, Jokowi recognized its partner’s expertise in the sector and promised to remove any obstacles to investment, while Key accepted the investment-cooperation deal.

Key previously held bilateral talks with then president Susilo Bambang Yudhoyono in 2012, and also witnessed the inking of a deal between state-owned PT Pertamina Geothermal Energy (PGE) and Geothermal New Zealand (Geonz) to develop 1,000 megawatts of electricity generation in Sulawesi and Sumatra.

This time around, Key is expected to make a few stops in Indonesia from Sunday to Wednesday, bringing at least 25 corporate executives alongside Trade Minister Todd McClay to engage in business-matching with local companies.

“Economic issues will be the main focus of the visit,” Foreign Ministry spokesperson Arrmanatha Nasir told a press conference on Thursday.

Key will begin his multi-city visit in Jakarta on Monday for high-level bilateral discussions and to witness alongside Jokowi the signing of three memoranda of understanding.

The agreements will cover cooperation on renewable energy; tourism cooperation; and combatting illegal, unreported and unregulated (IUU) fishing, said Edi Yusup, the ministry’s director for East Asia and Pacific affairs. On the first, Indonesia is looking to benefit from New Zealand’s vast experiences in geothermal energy, having helped the country develop its first geothermal field in Kamojang, West Java in the 1970s.

“New Zealand is famous for its technology in generating geothermal electricity, so we want to learn from them and increase cooperation,” Edi said.

Indonesia is estimated to have around 28 gigawatts (GW) in geothermal energy potential and 75 GW in hydropower potential. The estimated total potential of renewable energy in the country is estimated to reach more than 300 GW.

In 2015, 55.7 percent of electricity generation was fueled by coal, 25.3 percent by gas, 8.2 percent by diesel fuel, 5.9 percent by hydropower plants and approximately 4 percent from geothermal energy, according to data from state electricity firm PLN.

In addition to plans in the energy sector, Edi said the bilateral discussions would primarily focus on strengthening economic cooperation including in trade.

He said Indonesia’s trade volume with New Zealand was still relatively meager at US$1 billion annually.

“We want to push it up to a [yearly] target of $4 billion,” he said, with particular focus on bringing agricultural products like mangoes and snakefruit to the New Zealand market.

Other cooperation may include the tourism and education sectors.

Additionally, Indonesia is looking to develop a cooperative investment scheme for the milk industry, in order to turn the country into a production base for New Zealand milk.

“Another field of possible cooperation is in livestock; cattle breeding is a [lucrative] opportunity on account of New Zealand’s good reputation in the industry,” Edi told reporters.

He said Indonesia did not intend to supplant its longtime stock breeding partner Australia and would push both countries to vie for further investment in stock breeding.