Prabowo's Diplomacy in the US: Cabinet Secretary Teddy Reveals List of Cooperation Deals Secured
WASHINGTON DC — The diplomacy conducted by President Prabowo Subianto during his working visit to Washington DC, United States, has yielded concrete results for Indonesia’s economy and energy sovereignty.
Cabinet Secretary Teddy Indra Wijaya delivered a media statement in Washington DC on Friday, 20 February 2026, outlining the list of cooperation agreements successfully secured during the visit.
Amid the packed agenda of the Board of Peace inaugural meeting, President Prabowo was the only head of state to hold a direct bilateral meeting with US President Donald Trump.
In the area of trade, reciprocal tariffs were successfully reduced by nearly 50 per cent, from 32 per cent to 19 per cent. The agreement also provides zero per cent tariff facilities for 1,819 flagship Indonesian products, particularly in the agricultural and strategic industrial sectors — including coffee, cocoa, palm oil, and semiconductors — opening wider expansion opportunities in the global market.
On critical minerals, Indonesia opened the door for US company investment in the critical minerals sector, whilst continuing to prioritise national regulations, natural resource sovereignty, and the agenda for downstream processing and domestic value-added improvement.
Regarding energy, the government allocated energy purchases from the United States valued at USD 15 billion, covering fuel, LPG, and crude oil. Teddy stated that this policy is part of a national strategy to maintain energy security and balance the trade deficit.
Meanwhile, Pertamina is pioneering technology cooperation with US partners to optimise national oil fields.
In the mining sector, the Indonesian government is targeting an increase in its shareholding in PT Freeport Indonesia (PTFI) from 51 per cent to 63 per cent by 2041, through a scheme involving state revenues and royalties for Papua.
In the oil and gas sector, continued communications are underway with ExxonMobil for an operations extension until 2055, with plans for additional investment of approximately USD 10 billion to maintain and increase national production.