Canada-Indonesia Trade Deal

Jakarta Surpasses Tokyo as World’s Largest City Amidst Sinking Concerns

A recent United Nations study reveals Jakarta as the world’s largest urban center, surpassing Tokyo, which previously held the title. The report highlights the rapid urbanization in Asia, with nine of the ten most populous cities located there. Jakarta’s massive population poses significant challenges, including congestion and pollution, prompting Indonesia’s plan to relocate its capital. Overall, the UN emphasizes that urbanization is a defining force, urging countries to adopt integrated policies for balanced development and sustainable growth.

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Canada-Indonesia Trade Deal: New Pact Opens Doors, Diversifies Trade

Indonesian President Prabowo Subianto and Prime Minister Mark Carney have finalized a new trade and defense cooperation agreement on Parliament Hill. This comprehensive trade deal, the first bilateral pact with an ASEAN member, will eliminate or reduce over 95% of tariffs on Canadian exports to Indonesia. The agreement also encompasses defense cooperation, deepening collaboration on areas like maritime security and cyber defense. These developments are part of Canada’s Indo-Pacific strategy and reflect Indonesia’s interest in Canadian resources and technology.

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