AGP Executive Report
Last update: a day agoDefence Trade: India’s Defence Secretary R.K. Singh says a BrahMos missile deal with Vietnam is already signed (though not publicly announced) while talks with Indonesia are in the final stages—values not disclosed, but the Philippines’ earlier USD 375m contract sets the benchmark. Regional Diplomacy & Security: Timor-Leste President José Ramos-Horta floated a plan to guide Myanmar peace talks with a retired four-star Southeast Asian general, proposing talks “under a tent” for all sides without preconditions. ASEAN Engagement: ASEAN leaders are set to meet Russian President Vladimir Putin in June (Kazan, June 17–18), with Timor-Leste included among member states maintaining Moscow as a dialogue partner despite UN Ukraine votes. Energy & Budget Resilience: Timor-Leste’s government began parliamentary debate on a 2026 budget amendment tied to global energy shocks, including a proposed US$174.3m national strategic fuel reserve. Development & Investment: Ramos-Horta met Vietnam’s President Tô Lâm in Singapore, reinforcing ASEAN ties and economic cooperation; separately, Timor-Leste hosted a youth entrepreneurship and economic cooperation forum. Mining & Exploration: Tivan reported strong initial stream-sediment assay results from its Turiscai project in Timor-Leste, including up to 434 ppm copper and 0.801 ppm gold, with pathfinder elements pointing to porphyry-style potential.
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