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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Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
The U.S. Environmental Protection Agency (EPA) has announced plans to scrap Biden-era carbon emission limits on coal- and gas-fired power plants, marking a major reversal in U.S. climate policy.
University students in Mexico have held a vigil for a 21-year-old Spanish exchange student killed in the central state of Morelos, with authorities investigating her death as a possible feminicide.
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last month, Arushi Gupta's parents have called and messaged their missing daughter hoping she somehow survived.
Foreign ministers of Cambodia and Thailand delivered opening statements on Tuesday at the first meeting of a UN arbitration process to resolve a long-running maritime dispute between the two Southeast Asian neighbours.
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