Key insights and market outlook
President Prabowo Subianto warned about the dangers of Indonesia's dependency on food imports amid rising global conflicts, particularly highlighting the risks associated with importing rice from countries experiencing geopolitical tensions like Thailand and Cambodia 1
President Prabowo Subianto has emphasized the critical importance of food security, particularly rice production, amid escalating global conflicts. The President highlighted that Indonesia's historical reliance on rice imports from countries like Thailand, Cambodia, and Vietnam becomes increasingly risky as geopolitical tensions rise 1
Prabowo specifically pointed to the ongoing tensions between Thailand and Cambodia, noting that prolonged conflicts could severely disrupt supply chains and impact Indonesia's food security. "Imagine if we're not self-sufficient in rice during global conflicts and wars everywhere," Prabowo stated during a recent retreat in Hambalang 2
The President stressed that achieving self-sufficiency in rice production is crucial for national stability. By reducing dependency on imports from potentially unstable regions, Indonesia can better safeguard its food supply. This approach aligns with broader efforts to enhance food security and mitigate risks associated with global geopolitical uncertainties.
Prabowo's statements underscore the need for Indonesia to reassess its food import strategies and focus on strengthening domestic agricultural capabilities. By prioritizing local production, the country can enhance its resilience against global market fluctuations and geopolitical conflicts.
Prabowo's Statement on Food Security
Warning on Rice Import Dependency