Indonesian President Prabowo Subianto emphasised that the two sides are committed to increasing trade between the two countries, which is mutually beneficial and agreed to promote joint production and cooperation in the defence industry.
Indonesian President Prabowo Subianto (right) and his Turkish counterpart Recep Tayyip Erdogan at a joint press conference in Bogor on February 12. (Photo: AA/VNA)
Hanoi (VNA)♏ – Indonesian President Prabowo Subianto and his Turkish counterpart Recep Tayyip Erdogan held talks on February 12 in Jakarta, and signed a series of agreements to boost trade and defence ties between the two nations.
Speaking after the talks, Prabowo emphasised that the two sides are committed to increasing trade between the two countries, which is mutually beneficial and agreed to promote joint production and cooperation in the defence industry.
According to Prabowo, the two sides will conduct joint training for soldiers and strengthen cooperation in counter-terrorism and intelligence.
For his part, Erdogan said that the two sides discussed important global issues, including the situation in Syria and the Palestinian issue. The two leaders set a target of increasing two-way trade to 10 billion USD a year.
According to the Indonesian Ministry of Trade, trade between the two countries last year was estimated at 2.4 billion USD.
On the occasion of the Turkish leader’s visit to Indonesia, ministers and officials of both countries signed a series of agreements on trade, energy, higher education and religion. Notably, this included an agreement to produce unmanned aerial vehicles (UAVs) in Indonesia.
Erdogan is on a visit to Indonesia after travelling to Malaysia and before heading to Pakistan.
Relations between Indonesia and Turkey have made strong strides under former President Joko Widodo, when he made an official visit to Turkey in 2017. Notably, in 2023, Indonesia spent about 300 million USD to buy 12 drones from Turkey to modernise its military. Both countries are currently members of the Organisation of Islamic Cooperation (OIC)./.
Indonesian Minister of Foreign Affairs Sugiono affirmed that Indonesia highly values its strategic partnership with Vietnam and proposed that both sides continue to enhance substantial cooperation across all fields, including joint activities to celebrate the 70th anniversary of diplomatic relations (December 30, 1955 –2025).
The People's Bank of China (PBOC), the country's central bank, on February 7 announced that it has renewed a bilateral currency swap agreement with the Bank Indonesia.
Indonesian President Prabowo Subianto and Indian Prime Minister Narendra Modi emphasised their shared commitment to peace, security, and prosperity in the Indo-Pacific region, along with their determination to deepen the long-term strategic partnership between the countries.
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
