[SMM Flash News] Indonesia and India Deepen Defense, Critical Minerals, and Steel Cooperation

Published: Jul 7, 2026 17:48

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Indonesia and India signed a series of agreements following talks between President Prabowo Subianto and Indian Prime Minister Narendra Modi, including a contract for the BrahMos cruise missile system and cooperation on air-to-air missiles. The two countries also signed memorandums of understanding to strengthen cooperation in critical minerals supply chains, steel, and agriculture. In addition, India's Steel Authority of India and Indonesia's Krakatau Steel will establish a joint venture to produce stainless steel slabs in Indonesia, while both sides agreed to accelerate negotiations on a preferential trade agreement.

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