Indonesia can emerge as Korea’s energy, minerals hedge: commerce chamber head

Anindya Novyan Bakrie, chairman of the Indonesian Chamber of Commerce and Industry, is positioning Korea-Indonesia ties as a strategic hedge for Korea’s energy and critical minerals security amid mounting geopolitical risks and energy market turmoil. Bakrie, who joined Indonesian President Prabowo Subianto’s visit to Seoul last week, noted the two countries’ summit has underscored the need to move beyond ad hoc deals toward long-term industrial partnerships. “From a business point of view, the real value of this summit is that the agenda is practical … It covers trade, investment, defense, artificial intelligence (AI), infrastructure, shipbuilding, nuclear energy and energy transition,” he said in a written interview with The Korea Times. “That gives the private sector a clearer signal on where the partnership is heading.” Against the backdrop of the Iran war and renewed jitters over Middle East energy and resource supply chains, the chairman pointed to gas and broader upstream energy cooperation as the front line of Korea’s supply security. “In the near term, Indones

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