In a move that highlights growing trade and investment ties in Asia and the Middle East, Saudi Arabia and Indonesia have signed a series of high-value agreements and memoranda of understanding worth approximately $27 billion. These landmark deals focus on key sectors such as clean energy, petrochemicals, mineral resources, and sustainable supply chain development.
The signing took place during the visit of Indonesian President Prabowo Subianto to Saudi Arabia, where he met with Crown Prince Mohammed bin Salman to strengthen bilateral cooperation. This partnership underscores both nations’ commitment to building future-ready economies powered by innovation and international collaboration.
One of the notable aspects of the agreements is the emphasis on improving supply chains, particularly in the energy sector. Both countries have agreed to cooperate more closely in the trade of crude oil and its derivatives while working together on enhancing logistics sustainability and infrastructure resilience—an important step in strengthening global energy trade networks.
With bilateral trade already reaching $31.5 billion over the past five years, this new round of investments is expected to further elevate trade flows, foster private sector growth, and create new market opportunities in clean energy and resource development.
The deal reflects a shared vision for long-term economic growth, regional integration, and mutually beneficial trade expansion—making it a significant milestone in international commerce.
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