Indonesia and Peru have signed a free trade agreement aimed at boosting bilateral trade, investment, and cooperation in several key sectors, including food, mining, and energy.
The two countries formalised a comprehensive free trade agreement during a signing ceremony in Jakarta on Monday.
The deal is set to enhance trade and investment ties between the two nations by expanding market access and fostering collaboration across various industries.
In 2024, Indonesian exports to Peru reached $331.2 million, with major products including cars, car parts, biodiesel, and footwear. Imports from Peru totaled $149.6 million, primarily cocoa beans and grapes.
Indonesian President Prabowo Subianto highlighted that the partnership would strengthen cooperation in sectors such as food, fisheries, mining, energy transition, and defence.
Peruvian President Dina Boluarte emphasized that Peru, a significant exporter of fresh fruit, would gain greater access to the Indonesian market, particularly for blueberries.
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Delegations from Russia, Ukraine and the United States met in Abu Dhabi on Tuesday for their first formal talks in nine months. They did so with no agreement on what a ceasefire would be tied to or who gets to keep the land currently under Russian control.
At least 17 people have been reported killed in an explosion at a steel plant in western Türkiye, after a crane collapsed during maintenance work. The disaster has prompted a criminal investigation into what went wrong at the industrial facility.
Russia and Ukraine are set to return to Abu Dhabi on Tuesday for a fourth round of U.S.-brokered peace talks, with European participation, security guarantees and territorial disputes expected to shape the negotiations.
Nvidia has launched an independent investigation into whether its chief executive, Jensen Huang, was targeted in a foreign intelligence operation, following allegations that a businesswoman with whom he had a relationship passed information to Beijing.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
U.S. Treasury Secretary Scott Bessent recently moved out of his home and onto a military base after Iranian threats against his life, the New York Times reported on Tuesday (10 November), citing three people familiar with the matter.
Nvidia, the world's most valuable chip company, is investigating its own boss, and China says the reasons behind it are false.
A large majority of Americans want the incoming Democratic-controlled U.S. Congress to end the war with Iran and repeal President Donald Trump’s tariffs, a new Reuters/Ipsos poll shows, pointing to strong pressure for quick action on the cost of living.
Spain’s government has approved a package of rail safety measures after train drivers went on strike on Tuesday to demand more investment in maintenance, following the country’s second deadly rail crash this year.
Russia has declared a Moldovan diplomat at the country’s embassy in Moscow undesirable, in retaliation for a similar move by Moldova last month, the Russian Foreign Ministry said on Tuesday (10 November).
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