Indonesia plans to ‘counterattack’ US, EU mineral policies

“We can’t be tricked. It must be fair”, Investment Minister Bahlil Lahadalia said of the US and EU policies.

Yohana Belinda

Yohana Belinda

The Jakarta Post


Australian Prime Minister Anthony Albanese (left) and Indonesian President Joko Widodo (right) shake hands at Admiralty House in Sydney on July 4, 2023. (AFP/Lisa Maree Williams)

July 5, 2023

JAKARTA – The green economy, an easing of business visas for Indonesian citizens, and regional security will be discussed as President Joko “Jokowi” Widodo meets his Australian counterpart on Tuesday, Foreign Minister Penny Wong said.

Jokowi met business leaders in Sydney on Tuesday morning. The economy will be a key topic when he meets with Anthony Albanese, and Australia is set to announce visa changes to make business travel easier for visiting Indonesians, Wong told ABC radio on Tuesday.

Indonesia is Australia’s 13th largest trading partner, and Australian investment inIndonesia totalled A$4.3 billion ($2.87 billion) in 2021, with coal the top export, government data shows.

Jokowi wants to build an electric vehicle battery production industry in Indonesia, which has the world’s largest nickel reserves, and has said in interviews he is seeking cooperation from Australia, a major supplier of key battery component lithium.

Jokowi understands the importance of making the transition to a green economy, Wong said. The leaders would discuss how Australia and Indonesia could “collaborate together” on supply chains and getting to net zero emissions, she added.

Australia will be transparent as it discusses the plan to acquire nuclear-powered submarines in the next decade through the AUKUS defence partnership with the United States and Britain, she said.

Indonesia is “keen to ensure nuclear material is not allowed to proliferate… We both want a peaceful and stable region,” Wong said.

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