South Korea and Indonesia have agreed to bolster their bilateral cooperation in the electric vehicles (EVs) and battery technology sectors and supply chain management for critical industrial minerals. This commitment was made during a bilateral economic cooperation committee meeting on Monday, reflecting an extension of recent high-level talks aimed at strengthening partnerships across various sectors, including high-tech industries, infrastructure and defense. The countries also expressed their joint ambition to expand investment in EV and battery production, targeting Southeast Asian and global markets.

The nations further pledged to enhance collaboration in supply chains for vital minerals, notably nickel, leveraging Indonesia’s significant