South Korea and Indonesia agreed to expand energy cooperation on Wednesday. South Korea’s trade ministry proposed several key initiatives, such as renewing the 2022 memorandum of understanding (MOU) on mineral resources, securing stable LNG supplies for Korean businesses operating in Indonesia and strengthening collaboration on small modular nuclear reactors (SMRs).

A morning session featured South Korean firms and Indonesian officials exploring investment opportunities in energy and infrastructure, setting the stage for expanded private-sector engagement.