Indonesia and the UAE have signed a free trade agreement strengthening economic ties between Southeast Asia's largest economy and the Gulf's largest oil producer.

The Comprehensive Economic Partnership Agreement signed in Abu Dhabi will eliminate or drastically reduce duties on most goods sold between countries.

 The UAE has forged closer trade ties with Indonesia as part of a bid to double its economy to $816 billion by the end of the decade, in part through signing free trade agreements.

Trade between Indonesia and the UAE totaled about $4 billion last year, according to the Indonesian Ministry of Commerce.