AGP Executive Report
Last update: 2 minutes agoOffshore Energy Contracts: Fugro won two more survey contracts from Timor-Leste’s Ministry of Petroleum and Mineral Resources for the Greater Sunrise TLNG and Bayu-Undan Pipeline Highway routes, adding a six-month heavy geotechnical and a 12-month metocean campaign after earlier geophysical work; fieldwork is set to start in Q1 2027, using deepwater seabed and subsurface data to guide engineering in the Timor Trough. Diplomacy & UN Agenda: President José Ramos-Horta backed India’s bid for a permanent UN Security Council seat and also reiterated Timor-Leste’s support for a two-state solution on the Israel-Palestine conflict during UNGA discussions. ASEAN Integration & Trade: Timor-Leste is preparing around 60 legal instruments to fully integrate into ASEAN, with nearly 50 targeted for completion in 2026–27, covering trade facilitation, competition, and customs reforms. Women-Led Enterprise Push: The government is encouraging women to scale businesses using local resources, with a recent survey showing many women-owned firms remain informal and micro-sized. Regional Security Cooperation: Timor-Leste joined an ASEAN-led push at an international summit in Phnom Penh calling for stronger laws and faster cross-border action against online scams.
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