Indonesian President Joko Widodo on December 21 confirmed an export ban for bauxite – a main ore source of aluminum from June next year to encourage domestic processing.
Indonesia is one of the world's largest bauxite suppliers with China being its major customer. (Photo: Bloomberg)
Jakarta (VNA)🎐 – Indonesian President Joko Widodo on December 21 confirmedan export ban for bauxite – a main ore source of aluminum from June next yearto encourage domestic processing.
Accordingto the US Geological Survey, Indonesia is the world's sixth-largest producer ofbauxite and has the fifth biggest reserves. The country is the third largest bauxitesupplier to China, behind Guinea and Australia. The timing of the ban is consistent with Indonesia's current Mining Law, which stipulates that the export of other unprocessed mineralssuch as copper will also be stopped. However, President Joko Widodo did not specifythe timing of the export ban on other raw minerals. Previously,Indonesia banned the export of coal and palm oil for a short time, causing weeks of uncertainty in markets that consume these commodities. Jokosaid the bauxite ban aims to replicate Indonesia’s success in nickel processing development after halting the export of its raw form in January2020, which helped draw foreign investors, mostly from China, to build localsmelters. Accordingto Indonesia’s customs data, China imported 17.8 million tonnes of bauxite fromIndonesia in 2021 and 17.98 million tonnes in the first 11 months of this year,accounting for about 15.6% of total imports./.
Indonesia and the US have committed to launching a new climate partnership early next year with funding of up to 50 million USD to help Indonesia achieve its forestry carbon sink goal by 2030.
In the past nearly 70 years of history, the Indonesia-Vietnam bilateral relations have developed steadily, deeply, and cohesively in various fields with the foundation laid by its leaders, Indonesian veteran journalist Mohammah Anthoni wrote in an article on Antara news agency on December 21.
Indonesian President Joko Widodo on December 21 indicated that the government will lift all social restrictions related to COVID-19 that have been in place for nearly three years.
Head of the Indonesian Ministry of Trade's Trade Policy Agency Kasan projects that the country’s trade will still experience a surplus of 38.3-38.5 billion USD in 2023.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Indonesia is one of the world's largest bauxite suppliers with China being its major customer. (Photo: Bloomberg) 
