Indonesia and South Korea Agree on 10 Cross-Sector Collaborations
The Indonesian government and South Korea have reached agreements on 10 strategic cross-sector collaborations. This collaboration encompasses various important aspects, from the critical minerals sector to finance, as reported by Money.
The signing ceremony for these agreements, marked by the exchange of Memorandums of Understanding (MoUs), was witnessed directly by Indonesian President Prabowo Subianto. The event took place during Prabowo’s state visit to Cheong Wa Dae, or the Blue House, in Seoul on Wednesday, 1 April 2026.
This step represents an effort to strengthen the strategic partnership that has long existed between the two countries. The main focus of this cooperation is the development of future sectors with high added value potential.
Strengthening Strategic Relations
In a meeting with South Korean President Lee Jae Myung, Prabowo Subianto emphasised the importance of close bilateral relations. He described South Korea as a close partner to Indonesia.
“I consider South Korea a close friend of Indonesia, and I want to enhance this cooperation,” said Prabowo.
Prabowo also highlighted the significant potential for complementarity between the two countries. Indonesia is known for its rich natural resources and vast domestic market.
On the other hand, South Korea is recognised for its excellence in industry as well as science and technology development. This potential is expected to generate synergies beneficial to both parties.
“Your industry and science and technology are very advanced. We have abundant resources and a large market. We can complement each other,” explained Prabowo.
The global situation, marked by uncertainty, was also a point of attention in the discussions. Cooperation between countries like Indonesia and South Korea is deemed increasingly crucial amid the challenging dynamics of the world.
“My state visit here occurs at a time when the world is full of uncertainty and dangers. This makes relations between countries like Indonesia and South Korea even more important,” said Prabowo, highlighting the urgency of collaboration in the current era.