Sources in Indonesia say the government is about to settle its dispute with Apple, and could lift its iPhone 16 sales ban within the week.

Apple and Indonesia have agreed on terms to lift the country's five-month ban on iPhone 16 sales, according to people familiar with the

Indonesia and Apple Inc. have agreed on terms to lift the country’s ban on iPhone 16s, said people familiar with the matter, paving the way to end a five-month tug-of-war that forced the US tech giant to raise its promised investment in the country to $1 billion.

Indonesia has announced the end of the iPhone 16 ban in the country, as the tech giant agrees to invest approximately $1 billion.

Apple and the Indonesian government have struck a deal to end the five-month-long ban on iPhone 16 sales in the country. The US tech giant has also promised to up its investment in the country to $1 billion. The Ministry for Industry, which enforced the ban, is expected to sign a memorandum of understanding with Apple this week.

National Economic Council (DEN) member Mari Elka Pangestu noted that complaints from US multinationals could give Trump’s administration reason to review trade policies and ties with Indonesia.

Indonesia and Apple have agreed on terms to lift the country's ban on iPhone 16s and could sign a deal as early as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Apple (AAPL) has reportedly reached an agreement with the Indonesian government to lift the iPhone 16 ban after months of negotiations.

Indonesia and Apple have agreed on terms to lift the country's ban on iPhone 16s and could sign a deal as early as this week, Bloomberg News reported on Tuesday (Feb 25), citing people familiar with the matter.