Presidential elections are expected to be held in Indonesia in April 2014 after Yudhoyono completes his term.
India and Indonesia inked a strategic partnership agreement in 2005, about a year after both Singh and Yudhoyono assumed leadership roles in their countries.
India-Indonesia trade has grown by nearly five times since the partnership was launched to about USD 20 billion, and the two sides intend to raise it to USD 25 billion by 2015.
Earlier in the day, addressing the 11th ASEAN-India Summit here, Singh said India was ready to sign a Free Trade Agreement with ASEAN on services and investment to boost bilateral trade to USD 100 billion by 2015, up from USD 76 billion last year.
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