Indonesian President Prabowo Subianto, left, is greeted by Japanese Prime Minister Sanae Takaichi for their lunch after they announced their statements at the Akasaka guesthouse in Tokyo Tuesday, March 31, 2026. (Yoshikazu Tsuno/Pool Photo via AP)
Indonesian President Prabowo Subianto, left, and Japanese Prime Minister Sanae Takaichi announce their statements after their talks at the Akasaka guesthouse in Tokyo Tuesday, March 31, 2026. (Yoshikazu Tsuno/Pool Photo via AP)
Indonesian President Prabowo Subianto, left, shakes hands with Japanese Prime Minister Sanae Takaichi after they announced their statements at the Akasaka guesthouse in Tokyo Tuesday, March 31, 2026. (Yoshikazu Tsuno/Pool Photo via AP)
Japanese Prime Minister Sanae Takaichi announces a statement after she talked with Indonesian President Prabowo Subianto at the Akasaka guesthouse in Tokyo Tuesday, March 31, 2026. (Yoshikazu Tsuno/Pool Photo via AP)
Indonesian President Prabowo Subianto announces a statement after he talked with Japanese Prime Minister Sanae Takaichi at the Akasaka guesthouse in Tokyo Tuesday, March 31, 2026. (Yoshikazu Tsuno/Pool Photo via AP)
TOKYO (AP) — Japan and resource-rich Indonesia agreed Tuesday to deepen economic ties and cooperation in energy security as the two Asian countries face growing uncertainty over oil and gas supplies prompted by the war in the Middle East.
“In the wake of the Iran situation, the importance of resources and energy security is being recognized globally,†said Japanese Prime Minister in a joint news conference after holding talks with Indonesian President in Tokyo.
The details of the agreement are yet to be made public.
The two countries signed a deal this month to boost economic collaboration on critical minerals and nuclear energy, Takaichi said Tuesday.
Under the memorandum signed on March 15, the two sides will cooperate in building a new nuclear power plant, possibly in Indonesia’s West Kalimantan, using Japanese expertise, with potential funding by development banks, according to a document released by Japan’s Ministry of Economy, Trade and Industry.
Probowo also said his country invited Japanese cooperation in processing critical minerals such as elements, as well as in renewables and nuclear power
Japan, despite the 2011 , is now promoting nuclear energy and seeking to expand cooperation with Southeast Asian nations as part of its zero-carbon emissions initiative. Indonesia is to meet surging energy demands.
Indonesia last year announced plans to build two small modular reactors on a southern Indonesian island by 2034. Officials there say Canada and Russia have issued formal cooperation proposals.
Takaichi and Prabowo also agreed to deepen cooperation to help stabilize supply chains, including liquefied natural gas, Japan's Foreign Ministry said in a statement.
Resource-scarce Japan is among the world's top importers of LNG, and about 5% of its supply comes from Indonesia.
Japan, more than 90% of whose oil imports come from the Middle East, is also seeking to diversify suppliers. The country started releasing state and commercial oil reserves this month to stabilize its market.
___
Associated Press writer Niniek Karmini in Jakarta, Indonesia, contributed to this report.
The Associated Press
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
