What do Turkiye and Indonesia want from bilateral talks?
Summary
Turkiye and Indonesia recently held high-level talks to improve cooperation in defence, energy, technology, and trade. Both countries aim to increase their trade to $10 billion and grow their partnership in strategic industries like defence manufacturing and artificial intelligence.Key Facts
- Turkish Foreign Minister Hakan Fidan met Indonesian President Prabowo Subianto and Foreign Minister Sugiono in Jakarta.
- The two countries aim to expand their bilateral trade from $2.4 billion in 2024 to a target of $10 billion.
- Cooperation is growing in defence, focusing on drones, armoured vehicles, and joint manufacturing.
- Energy projects include infrastructure investment, power generation, renewables, and transport links.
- Both countries want to develop technology partnerships, especially in artificial intelligence and digital tech.
- The halal food industry is also a key area of interest for collaboration.
- Indonesia has a growing trade surplus with Turkiye, increasing from $940 million to almost $1.5 billion between 2023 and 2024.
- Both nations see increased ties as a way to strengthen their roles as middle-power countries supporting South-South economic cooperation.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
