financetom
Business
financetom
/
Business
/
Indonesia, US firms sign over $7 billion in trade, investment deals
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Indonesia, US firms sign over $7 billion in trade, investment deals
Mar 11, 2026 4:40 AM

WASHINGTON, Feb 18 (Reuters) - Indonesian and U.S.

companies on Wednesday signed trade and investment deals valued

at ​more than $7 billion a ‌day ahead of Indonesian President

Prabowo Subianto's meeting ⁠with U.S. President Donald Trump ⁠to

sign a final trade deal, ‌the ‌U.S.-ASEAN Business Council said.

The agreements, signed at ​a dinner for ‌Prabowo hosted by the

Chamber, include purchases by Indonesian firms ​of 1 million

metric ​tons ‌of U.S. soybeans, 1.6 million tons of corn, and

93,000 tons of ⁠cotton over unspecified periods, according ⁠to a

U.S.-ASEAN Business Council (USABC) fact sheet.

It added that Indonesia will buy 1 million tons of ⁠wheat

this ‌year and up to ‌5 million tons by 2030.

The ⁠deals include a memorandum of understanding between U.S.

mining group Freeport McMoRan ( FCX ) and the Indonesian

Ministry of Investment for critical minerals cooperation and an

agreement between state ​oil producer Pertamina and Halliburton

Co ( HAL ) to cooperate on oilfield recovery, USABC ​said.

(Reporting by ‌David Lawder; Editing by ​Himani Sarkar)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Infomedia Announces Acquisition of Veact in Europe, Expanding Global Automotive Aftersales Ecosystem
Infomedia Announces Acquisition of Veact in Europe, Expanding Global Automotive Aftersales Ecosystem
Jun 9, 2026
SYDNEY and MUNICH, June 9, 2026 /PRNewswire/ -- Infomedia, a global leader in automotive aftersales technology, has completed the acquisition of Veact GmbH, a leading European provider of data activation, predictive service marketing, and aftersales customer management solutions in the automotive industry. Financial terms of the transaction were not disclosed. This acquisition underscores Infomedia's strategy to broaden its global footprint...
Form 8.3
Form 8.3
Jun 9, 2026
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Computershare Trustees (Jersey) Limited as trustee of the Schroders Employee Benefit Trust (b) Owner or controller of interests and short positions disclosed,...
Zai Lab Says China Approves Tivdak for Cervical Cancer Treatment
Zai Lab Says China Approves Tivdak for Cervical Cancer Treatment
Jun 9, 2026
03:56 AM EDT, 06/09/2026 (MT Newswires) -- Zai Lab ( ZLAB ) received approval from China's National Medical Products Administration for Tivdak to treat adults with recurrent or metastatic cervical cancer whose disease progressed on or after chemotherapy, the company said Monday. The approval was supported by results from a phase 3 trial in which Tivdak showed a 45% reduction...
Moderna, University of Oxford Receive UK Approval to Begin Study of Cancer Vaccine
Moderna, University of Oxford Receive UK Approval to Begin Study of Cancer Vaccine
Jun 9, 2026
03:58 AM EDT, 06/09/2026 (MT Newswires) -- Moderna ( MRNA ) and the University of Oxford have received authorization from the UK Medicines and Healthcare products Regulatory Agency to begin a phase 1/2 study of mRNA-4194, an investigational cancer vaccine for people with lynch syndrome, according to a Monday statement. Lynch syndrome is an inherited condition that results in high...
Copyright 2023-2026 - www.financetom.com All Rights Reserved