Jakarta, July 17 -- Indonesia and Switzerland signed a memorandum of understanding on minerals and metals cooperation, strengthening downstream investment and industrial ties as Southeast Asia's largest economy accelerates value-added processing of its natural resources.

Investment and Downstreaming Minister Rosan Roeslani said the agreement completes the signing process initiated by Swiss President Guy Parmelin on June 23 in Basel during Swissmem Industry Day 2026.

In a statement on Thursday, Rosan described the agreement as a milestone that strengthens bilateral ties while supporting sustainable downstream investment and Indonesia's industrial transformation.

"Indonesia's abundant mineral resources can create greater added value, qua...