Indonesia is ready to pump $34 billion into U.S. energy and agriculture projects—plus a possible 75‑jet Garuda order—to head off steep tariffs.
Jakarta will sign a memorandum of understanding worth $34 billion next week to boost Indonesian purchases and investments in the United States, Chief Economic Minister Airlangga Hartarto said.
"This shows that government, regulators, state-owned enterprises and the private sector are together in responding to the imposition of U.S. reciprocal tariffs," Airlangga noted.
The package covers extra fuel imports and new Indonesian investment in U.S. energy and agriculture, part of efforts to ease a looming 32% tariff on Indonesian goods.
Flag carrier Garuda Indonesia is separately negotiating to buy up to 75 Boeing aircraft.
Indonesia ran a $17.9 billion goods‑trade surplus with the United States in 2024; narrowing that gap, Airlangga noted, could win Jakarta a tariff deal "better than Vietnam’s."
The accord will be signed on 7 July, demonstrating, he said, that government, state firms and private business "stand together" against U.S. duties.
Garuda, still recovering from the pandemic, recently secured a $405 million sovereign‑wealth‑fund loan for fleet upkeep.
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Armenia is set to receive a support package worth more than €50 million ($58.2 million) from the European Union (EU) after Russia, its largest tradi...
As Armenia heads toward parliamentary elections on 7 June, the country's relationship with Azerbaijan is emerging as one of the defining issues of the...
Twelve people have died following a fire at a care home for elderly residents in Anguruwatota, Sri Lanka, on Thursday. Authorities are investigating t...
Israel's Finance Minister, Bezalel Smotrich, announced plans on Wednesday (4 June) to expand three Jewish settlements in the West Bank by more than 2,...
Iran’s Revolutionary Guards (IRGC) said in a statement that its Aerospace Force did not strike the Kuwait Airport passenger terminal on Wednesday, and that the destruction was instead caused by a failed U.S. Patriot missile.
Israel and Lebanon have agreed to implement a ceasefire after U.S.-backed talks in Washington. The deal requires Hezbollah to halt attacks and withdraw from southern Lebanon, while both sides will resume direct talks later this month aimed at reaching a broader agreement.
Azerbaijan and the United States have launched a new economic dialogue aimed at deepening trade, investment and business cooperation, as officials from both countries met in Baku on 2 June during Energy Week.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3 June, covering the latest developments you need to know.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, and his wife Ivanka Trump.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
Armenia’s parliamentary election comes at a defining moment for the South Caucasus, a region reshaped by the Garabagh conflict and broader shifts in Russia-West relations. The outcome is increasingly seen as a signal of Armenia’s future foreign policy direction and the regional balance of power.
China has criticised planned maritime boundary discussions between Japan and the Philippines, arguing that the waters involved fall within an area where Beijing claims maritime rights and jurisdiction.
U.S. President Donald Trump will attend next month's NATO leaders' summit in Türkiye, ending weeks of uncertainty over whether he would take part in a gathering expected to focus on the future of the alliance.
All 27 European Union (EU) member countries have agreed to begin the first set of talks with Ukraine and Moldova about joining the political and economic bloc.
Germany's foreign minister Johann Wadephul has suggested that Berlin's strong backing of Ukraine and its close ties with Israel may have contributed to its failure to secure a seat on the United Nations Security Council.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4 June, covering the latest developments you need to know.
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