Indonesia's industry minister met representatives of Apple on Tuesday to discuss the company's potential investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally,

Apple did not immediately respond to a request for comment. Indonesia has previously said it requires Apple to commit to new investments every three years and its last commitment, worth $10 million, ended in 2023. It is required to make a new commitment for 2024-2026 to meet the local content mandate.

Apple is in negotiations with an increasingly demanding Indonesia to get its iPhone 16 ban lifted, while Huawei plans to shortly launch its smartphone in the country.

Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group’s presiding country, Brazil, has announced.

Indonesia will formally join BRICS as a full member, Brazil's government said on Monday, further expanding the group of major emerging economies that also includes Russia, India, China and South Africa.

Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group's presiding country, Brazil, announced Monday.Indonesia’s candidacy was endorsed by BRICS leaders in August 2023,