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RE: LeoThread 2025-12-23 22-43

in LeoFinance15 days ago

Part 6/16:

Incidents such as the interception of Chinese fishing vessels and illegal fishing activities, which hurt Indonesia’s economy by an estimated $3 billion annually, underscore the importance of enforcing legal boundaries. During diplomatic friction in 2021, China temporarily asked Indonesia to cease drilling for oil and gas in disputed waters, further complicating Indonesia’s resource exploitation efforts. Recently, Indonesia approved the development of the Tuna Block, part of its untapped natural gas reserves, valued at roughly $3 billion, exemplifying the country’s strategic move to uphold its legal rights amid regional contestation.

Indonesia’s Naval and Security Developments