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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 parliamentary committee has urged the government to dynamically adjust import duties on edible oils based on domestic production levels to shield farmers from cheap imports. India imports 56% of its edible oil needs. The panel also proposed specific safeguards for palm oil imports.
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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.
Argentina's textile industry is facing a severe crisis, driven by high costs, declining demand, and factory closures, intensified by Economy Minister Luis Caputo's criticism of local clothing prices. Sector entrepreneurs reject official statements and call for reforms to boost competitiveness without job losses. The Italian SME model in specialized production is suggested as an alternative to perpetual protection.
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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.
Following the detection of African swine fever in wild boars in Barcelona, Argentina's Senasa temporarily suspended imports of risky goods from Spain. The agency reinforced border inspections and adjusted protocols to maintain the country's disease-free status. The action aims to prevent the virus's entry, which causes high mortality in pigs but poses no risk to humans.
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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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