Indonesia joins Badr pact with Pakistan, Turkey and Qatar: What is Jakarta really seeking?

Market Mastery Webinar by Vishal Malkan Find the weak links in your portfolio by Vishal Malkan Indonesia’s decision to join a defence-industrial arrangement with Pakistan, Turkey and Qatar has raised questions about President Prabowo Subianto’s foreign policy priorities, particularly whether the country can expand its military capabilities without becoming entangled in the strategic rivalries of its new partners. The Badr Memorandum of Understanding (MoU) was announced and signed by the four countries in Doha on October 21. Jakarta has presented the arrangement as an opportunity to strengthen domestic defence manufacturing, secure technology transfers, promote joint research and development, and attract…