( October 23, 2026, 05:35 GMT | Official Statement) -- MLex Summary: Indonesia and Australia have launched a 10-year, A$420 million (US$294.3 million) economic partnership covering competition policy, trade, investment and digital governance, as both countries seek to support inclusive and resilient economic growth. The second phase of the Australia–Indonesia Partnership for Economic Development (Prospera), running from 2026 to 2035, builds on the two countries’ Comprehensive Economic Partnership Agreement. Indonesian Competition Commission, or KPPU, deputy chairman Hilman Pujana said in a statement Thursday that the program would provide opportunities to strengthen bilateral cooperation on competition policy and institutional capacity, supporting efforts to prevent monopolistic practices and unfair business competition.Statement follows (in Indonesian)...
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