Tuesday, May 20 2025 | Time 23:25 Hrs(IST)
WorldPosted at: May 20 2025 4:27PM


Russia-Indonesia Economic ties reach unprecedented level in decade - Official

Jakarta, May 20 (UNI) Economic ties between Russia and Indonesia have reached their highest level in a decade, Chairman of the Indonesia-Russia Committee of the Indonesian Chamber of Commerce and Industry (KADIN) Didit Ratam told Sputnik on Tuesday.
"Relations between Russia and Indonesia are at their peak. I‘ve experienced it myself. I’ve been with the Indonesia-Russia Committee at KADIN for over 10 years, chairing it for eight, and right now our economic ties are the strongest they have ever been," he said on the sidelines of the business forum in Jakarta.
Didit Ratam highlighted a marked positive shift in bilateral relations since Prabowo Subianto’s election as president of Indonesia. He expressed optimism about prospects of cooperation with Russia’s Sverdlovsk region.
"The Sverdlovsk region is proud of its industry. Our goal is to bring new technologies to Indonesia. From my talks with some companies, they are open to discussing partial relocation of production to Indonesia and technology sharing, which we welcome," the Indonesian official said.
On May 20, Jakarta hosted the Business Forum "Republic of Indonesia - Sverdlovsk Region (Russian Federation): industrial cooperation. Challenges and prospects," in collaboration with the Trade Representation of Russia. A delegation of regional entrepreneurs pitched collaboration opportunities to their Indonesian partners and invited them to Innoprom, a major international industrial exhibition that Russia will host in July.
UNI SPUTNIK GNK
Tags: #Russia-Indonesia Economic ties reach unprecedented level in decade - Official
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