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Indonesian President Prabowo Subianto and U.S. President Donald Trump seal energy deals worth $15B including Freeport extensions, diplomatic handshake ceremony.
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Indonesia and US agree on energy deals including imports and Freeport

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Indonesia's government and the United States have agreed on several energy sector deals following the meeting between President Prabowo Subianto and President Donald Trump. The agreements include energy imports worth 15 billion USD and Freeport permit extensions. These steps aim to balance trade and enhance national energy security.

A report from Argentina's Observatorio de la Cadena Láctea Argentina warns that China, the world's top dairy buyer, has reduced import volumes by up to 16.5% at the start of 2026. Prices in dollars are cushioning the decline while domestic production rises.

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The government has ordered households in areas with existing piped natural gas (PNG) infrastructure to switch from LPG cylinders to PNG connections within three months of notice, or lose gas refill supplies. The directive addresses mounting pressure on India's LPG imports amid the West Asia conflict. Petroleum ministry joint secretary Sujata Sharma described it as a supply security measure.

Indonesia's Corruption Eradication Commission (KPK) has named six individuals as suspects in a bribery and gratification case involving the importation of counterfeit goods at the Directorate General of Customs and Excise. The sting operation took place on February 4, 2026, targeting rogue customs officials and private sector figures from PT Blueray Cargo. The scheme allegedly manipulated inspection routes to allow illegal items to pass unchecked.

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Argentina's Economy Minister Luis Caputo stated he has never bought clothes in the country because prices are exorbitant, amid plans to open imports to aid consumers. The remark drew backlash from Claudio Drescher, head of the Argentine Clothing Industry Chamber, who labeled him part of the 'caste' and inexperienced in business.

The Kenya Revenue Authority has given importers 30 days to collect their goods from Container Freight Stations in Mombasa, or face auction disposal. The notice, issued on November 28, 2025, targets unclaimed items including luxury vehicles and household goods. Failure to act by the deadline will result in legal consequences.

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The Kenya Revenue Authority (KRA) has issued a 30-day ultimatum to importers whose goods remain uncollected at the Inland Container Depot and bonded facilities in Nairobi. If the items are not cleared within this period, they will be declared abandoned and sold at public auction from January 5 to 9, 2026. The notice was published in a gazette dated November 7.

 

 

 

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