ARTICLES

The Indonesia-US Agreement on Reciprocal Trade: Three Views on its Economic and Strategic Impacts

Iman Pambagyo|Arianto Patunru|Deasy Pane

The Indonesia-US Agreement on Reciprocal Trade was signed on 19 February 2026 but has yet to be ratified by Indonesia. In this Long Read, three experts from the government and from academia share their views on the potential impacts of the agreement on Indonesia’s economy, trade relations, domestic policy, and reform direction.

Danantara’s Patriot Bond and the Unchanged Role of Chinese-Indonesian Conglomerates

Leo Suryadinata|Siwage Dharma Negara

The Patriot Bond issued by Danantara shows that Indonesia’s economic nationalism under Prabowo is a repackaging of long-standing state–business ties using new financial instruments. The dominance of Chinese Indonesian conglomerates among Patriot Bond subscribers highlights their enduring role in Indonesia’s political economy.