Jakarta, Oct. 23 -- The governments of Indonesia and Brazil signed a memorandum of understanding (MoU) in Jakarta to enhance cooperation in the energy and mining sectors, including projects related to oil and gas resource management.

Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia inked the agreement with Brazilian Mines and Energy Minister Alexandre Silveira, witnessed by President Prabowo Subianto and Brazilian President Luiz Inacio Lula da Silva at the Merdeka Palace on Thursday.

"The signing of this MoU marks a highly strategic milestone toward a new chapter in cooperation between Indonesia and Brazil-two countries blessed with abundant natural resources," Lahadalia stated in Jakarta.

He described the pact as a re...