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View all search resultsAmid the global shocks and turmoil of today, Indonesia and Australia have signaled a shift in their relationship to one based on democratic values, trust and trade, heralding a true partnership between equals with the potential to bring stability to the Indo-Pacific.
Defense Minister Prabowo Subianto has finalized the much-anticipated Defense Cooperation Agreement (DCA) with Australia as he prepares to take office as Indonesia’s next president in October.
Experts have encouraged Indonesia and Australia to alter their trade policies to promote the more open exchange of goods and services to help scale up climate action, as both countries continue to be among the world’s largest carbon emitters.
As two countries abundant in critical mineral reserves, Indonesia and Australia have the potential to strengthen their roles in the global supply chain for electric vehicles (EVs) and related environmentally friendly technologies through collaboration.
Member countries of the Organization for Economic Cooperation and Development (OECD) have expressed their support for Indonesia’s accession into the bloc, the government said, with some saying they would provide technical assistance to speed up the archipelago’s membership to the body.
Since Indonesian independence, Australian and Indonesian governments have recognized the strategic and economic importance of their relationship. The relationship has the potential to improve the wealth and security of the entire Indo-Pacific region.
Under prime minister Anthony Albanese’s leadership, Australia is poised to shift its priorities toward relations with close neighbors such as Indonesia, some analysts say, in a possible departure from the previous government’s focus on fellow anglophone states.
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