Indonesian Political, Business & Finance News

Indonesia and South Korea Exchange 10 MoUs

| | Source: MEDIA_INDONESIA Translated from Indonesian | Trade
Indonesia and South Korea Exchange 10 MoUs
Image: MEDIA_INDONESIA

President Prabowo Subianto directly witnessed the announcement and exchange of 10 memorandums of understanding (MoUs) between the Republic of Indonesia and the Republic of Korea during his state visit to the Presidential Palace of the Republic of Korea, Cheong Wa Dae (Blue House), on Wednesday (1/4).

According to a press release from BPMI Setpres, the exchange of MoUs represents a concrete manifestation of strengthening the strategic partnership between the two countries, which continues to develop with a long-term orientation. The announced agreements cover various priority sectors, from the economy, energy, digital, to health and future industries.

The ten MoUs exchanged include:

  1. Memorandum of Understanding on the Establishment of a Special Comprehensive Strategic Dialogue

  2. Memorandum of Understanding on Economic Cooperation 2.0

  3. Memorandum of Understanding on Cooperation in Critical Minerals Partnership

  4. Memorandum of Understanding on Cooperation in Digital Development

  5. Memorandum of Understanding on Cooperation in AI for Basic Health and Human Development

  6. Memorandum of Understanding on Strengthening Cooperation in Clean Energy

  7. Memorandum of Understanding on Cooperation in Carbon Capture and Storage (CCS)

  8. Memorandum of Understanding on Cooperation in Offshore Power Generation Services Industry

  9. Memorandum of Understanding on Cooperation in Protection and Enforcement of Intellectual Property Rights

  10. Memorandum of Understanding on Financial Cooperation (Danantara–Exim Bank of Korea)

The government emphasises that this cooperation reflects a joint commitment to building a resilient future through strong and mutually beneficial partnerships.

This cross-sector collaboration is expected to drive inclusive economic growth, strengthen industrial resilience, and accelerate transformation towards a technology-based and clean energy economy.

These cooperation instruments also serve as concrete steps in deepening Indonesia-Republic of Korea bilateral relations, while strengthening the positions of both countries as strategic partners in facing global challenges.

Through this cooperation, Indonesia and South Korea affirm a shared direction towards sustainable development, enhanced industrial competitiveness, and long-term collaboration that provides tangible benefits for the people of both countries.

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