logo
Indonesia's Prabowo to hold talks with Putin to cement ‘strategic partnership'

Indonesia's Prabowo to hold talks with Putin to cement ‘strategic partnership'

Straits Times6 days ago

Mr Putin (left) will meet Mr Prabowo in St Petersburg on June 19. PHOTO: REUTERS
Indonesia's Prabowo to hold talks with Putin to cement 'strategic partnership'
ST PETERSBURG - Indonesian President Prabowo Subianto will hold talks with President Vladimir Putin in Russia this week to explore ways to deepen what their foreign ministers cast on June 17 as a burgeoning strategic partnership.
Russian Foreign Minister Sergei Lavrov, speaking at a meeting in Moscow with his Indonesian counterpart Sugiono, said Mr Putin will meet Mr Prabowo in St Petersburg on June 19.
Russia is due to hold its annual economic forum this week in the northern city, at which Mr Putin traditionally gives a keynote speech and hosts a foreign leader.
Russia and Indonesia, Mr Lavrov said, should seek to deepen their defence, security, naval and trade ties.
He said Russia's state nuclear corporation, Rosatom, stood ready to help Indonesia build an atomic power station, and the two countries could hold joint military exercises.
'This is a show actually of how important and strategically Indonesia thinks of its relationship with Russia,' Mr Sugiono told reporters in English.
Mr Sugiono suggested that Mr Putin and Mr Prabowo had 'chemistry' and suggested they develop and deepen their ties 'into a strategic partnership.'
Trade between Russia and Indonesia totals nearly US$4.5 billion (S$5.76 billion) a year, Mr Lavrov said, adding that bilateral trade and investment should be boosted.
Indonesia became a full member of the Brics grouping earlier in 2025.
Indonesia in 2024 dismissed a report in defence publication Janes that Russia had asked to base military aircraft in Papua, its easternmost province, after the issue caused concern in Australia.
Papua is about 1,200km north of the Australian city of Darwin. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iranian retaliation against US forces could come soon, US officials say
Iranian retaliation against US forces could come soon, US officials say

Straits Times

time34 minutes ago

  • Straits Times

Iranian retaliation against US forces could come soon, US officials say

Iranian retaliation against US forces could come soon, US officials say Follow our live coverage here. WASHINGTON - The United States believes Iran could carry out retaliatory attacks targeting American forces in the Middle East soon, although the US is still seeking a diplomatic resolution that would see Tehran forgo any attack, two US officials said on June 23. One of the officials, who spoke to Reuters on condition of anonymity to discuss the assessment, said Iran's retaliatory attack could happen within the next day or two. Iran has threatened to retaliate after US bombed its nuclear sites over the weekend. US officials have warned Iran against hitting back at the US and President Donald Trump said after the strikes that any retaliation by Iran against the US would be met with a force far greater than that used in the weekend US attacks. The chairman of the Joint Chiefs of Staff, General Dan Caine, said on June 22 that the US military had increased protection of troops in the region, including in Iraq and Syria. The United States has a sizeable force deployed to the Middle East, with nearly 40,000 troops in the region. Some of them operate air defense systems, fighter aircraft and warships that can detect and shoot down incoming enemy missiles but their positions are vulnerable to attack. Reuters reported last week that the Pentagon had moved some aircraft and ships from bases in the Middle East that may be vulnerable to any potential Iranian attack. That included aircraft being removed from the 24-hectare Al Udeid Air Base, in the desert outside the capital Doha. It is Middle East's largest US base and houses around 10,000 troops. Tehran has vowed to defend itself and retaliate. But, perhaps in an effort to avert all-out war with the United States, it had yet to target US bases or choke off a quarter of the world's oil shipments that pass through its waters by closing the Strait of Hormuz. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?
Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?

Straits Times

time34 minutes ago

  • Straits Times

Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?

FILE PHOTO: The IAEA flag flutters outside their headquarters after the first day of the agency's quarterly Board of Governors meeting at the IAEA headquarters in Vienna, Austria, June 9, 2025. REUTERS/Lisa Leutner/ File Photo Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran? VIENNA - The U.N. nuclear watchdog, which polices the global nuclear Non-Proliferation Treaty, has not been able to carry out inspections in Iran since Israel launched military strikes on its nuclear facilities on June 13. Below is an outline of the International Atomic Energy Agency's inspection powers. DOES THE IAEA HAVE UNIVERSAL JURISDICTION? No. The IAEA's oversight is limited to the 191 states that are signatories to the NPT, and other countries it has separate arrangements with. Iran is a party to the NPT and thus subject to IAEA oversight including inspections meant to ensure that no nuclear material such as uranium is "diverted" for use in atomic bombs. Israel is not a party to the NPT and is the only country in the Middle East widely believed to have nuclear weapons. Israel does not confirm or deny having them. It has a limited safeguards agreement with the IAEA that provides for the agency to oversee some materials and facilities - a fraction of what Israel has and not any of what is widely believed to be its nuclear weapons programme. Iran, by contrast, has a Comprehensive Safeguards Agreement (CSA) with the IAEA under which it must account for all its proliferation-sensitive nuclear material, including every gram of enriched uranium. CAN THE IAEA GO ANYWHERE, ANYTIME IN IRAN? No. It is largely restricted to inspecting Iran's declared nuclear installations as provided for by its 1974 CSA - sites such as the three uranium enrichment plants at Natanz and Fordow that were operating until Israel bombed them on June 13. It had regular access to those facilities until they were attacked. Since then, they have been "closed" and inspectors have not been allowed in, the IAEA has said, adding that it hopes its inspectors will return as soon as possible. HAS THE IAEA HAD GREATER POWERS BEFORE? Yes. A 2015 deal between Iran and major powers placed strict limits on Tehran's nuclear activities but also extended the IAEA's oversight to parts of Iran's nuclear programme not covered by the CSA, such as its production and stock of centrifuges, the machines that enrich uranium. It was the most comprehensive IAEA oversight of any country. Much of that additional oversight came from Iran agreeing, as part of the 2015 pact, to apply the Additional Protocol, an add-on to countries' CSAs that the IAEA developed to strengthen its hand in preventing nuclear proliferation. Iran has signed but never ratified the Additional Protocol. One of the most important extra tools the Additional Protocol gives the IAEA is the power to carry out snap inspections - short-notice access to locations including ones that Iran has not declared to be nuclear-related. WHY DOES IT NO LONGER HAVE SUCH SWEEPING POWERS? In 2018, during his first term, President Donald Trump pulled the U.S. out of the 2015 nuclear deal, reimposing U.S. sanctions on Iran that had been lifted as part of the agreement. In retaliation, as of the following year, Iran began pushing past the deal's limits on its nuclear activities but also scaled back the extra IAEA oversight introduced by the deal. In February 2021 Iran said it would no longer carry out its extra commitments under the 2015 deal, including implementation of the Additional Protocol. It struck a deal with the IAEA to keep monitoring equipment like surveillance cameras added under the deal rolling, but ordered them all removed in June 2022. WHAT WAS LOST WITH THE EXTRA OVERSIGHT? Reducing the IAEA's oversight not only took away the important tool of snap inspections. It also left blind spots in the areas to which extra oversight had been applied. The IAEA now says it has lost so-called "continuity of knowledge" for so many years that it will never be able to fully piece together what happened in areas including the production and inventory of centrifuges and certain key centrifuge parts, as well as Iran's stock of "yellowcake" - uranium that has not been enriched. The fact many centrifuges are unaccounted for means it cannot be ruled out that they will be used to enrich uranium in secret at an undeclared facility. Such a facility would be easy to hide in a relatively small building such as a warehouse. The IAEA says it cannot guarantee Iran's nuclear activity is entirely for peaceful purposes but it also has no credible indications of a coordinated nuclear weapons programme. WHAT IF IRAN PULLS OUT OF THE NON-PROLIFERATION TREATY? Iran has threatened to pull out of the NPT, while at the same time saying it would not develop nuclear weapons if it did. Tehran has complained that the treaty and non-proliferation regime failed to protect it from attack by a country with a nuclear arsenals, the United States, and another widely believed to have one, Israel. The NPT allows for withdrawal by a party at three months' notice "if it decides that extraordinary events, related to the subject matter of this Treaty, have jeopardized the supreme interests of its country". The only country to announce its withdrawal from the NPT is North Korea in 2003, which expelled IAEA inspectors before testing nuclear weapons. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

US business activity moderates; price pressures building up
US business activity moderates; price pressures building up

Business Times

time44 minutes ago

  • Business Times

US business activity moderates; price pressures building up

[WASHINGTON] US business activity slowed marginally in June, though prices increased further amid President Donald Trump's aggressive tariffs on imported goods, suggesting that an acceleration in inflation was likely in the second half of the year. The survey from S&P Global on Monday (Jun 23) showed measures of prices paid by factories for inputs and charged for finished products jumped to levels last seen in 2022. Nearly two-thirds of manufacturers reporting higher input costs attributed these to tariffs while just over half of respondents linked increased selling prices to tariffs, S&P Global said. That supports economists' expectations that inflation would surge from June following mostly benign consumer and producer price readings in recent months. Economists have argued that inflation has been slow to respond to Trump's sweeping import duties because businesses were still selling stock accumulated before the tariffs came into effect. S&P Global's flash US Composite PMI Output Index, which tracks the manufacturing and services sectors, slipped to 52.8 this month from 53.0 in May. A reading above 50 indicates expansion in the private sector. The survey's flash manufacturing purchasing managers' index (PMI) was unchanged at 52. Economists polled by Reuters had forecast the manufacturing PMI easing to 51. Its flash services PMI dipped to 53.1 from 53.7 in May. Economists had forecast the services PMI falling to 53. The survey was conducted in the Jun 12-20 period, before the US joined in the conflict between Israel and Iran. 'The June flash PMI data indicated that the US economy continued to grow at the end of the second quarter, but that the outlook remains uncertain while inflationary pressures have risen sharply in the past two months,' said Chris Williamson, chief business economist at S&P Global Market Intelligence. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up So-called hard data on retail sales, housing and the labour market have painted a picture of an economy that was softening because of the uncertainty caused by the constantly shifting tariffs policy. The escalation in tensions in the Middle East added another layer of uncertainty. Inflation poised to accelerate The S&P Global survey's measure of new orders received by businesses declined to 52.3 from 53 in May. A measure of prices paid by businesses for inputs fell to 61.6 from 63.2 last month. But manufacturers faced higher input costs, with this price gauge jumping to 70 this month. That was the highest reading since July 2022 and followed 64.6 in May. Prices paid for inputs by services businesses remained elevated, with tariffs, higher financing, wage and fuel costs cited. The pace of increase, however, slowed amid competition. The survey's measure of prices charged by businesses for goods and services remained at lofty levels as manufacturers passed on the increased costs from tariffs to consumers. The prices charged gauge for manufacturers shot up to 64.5, the highest since July 2022, from 59.7 in May. Rising oil prices because of the strife in the Middle East are seen contributing to higher inflation. The Federal Reserve last week kept the US central bank's benchmark overnight interest rate in the 4.25 to 4.5 per cent range, where it had been since December. Fed chair Jerome Powell told reporters he expected 'meaningful' inflation ahead. 'The data therefore corroborate speculation that the Fed will remain on hold for some time to both gauge the economy's resilience and how long this current bout of inflation lasts for,' Williamson said. Employment picked up this month, mostly driven by manufacturing, where some factories are experiencing order backlogs. S&P Global noted a slight rise in optimism among manufacturers 'in part reflecting hopes of greater benefits from trade protectionism'. It, however, added that 'companies generally remained less upbeat than prior to the inauguration of President Trump'. Reuters

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store