Russian-Indonesian Joint Commission advances trade, energy, and digital cooperation

The Russian government, led by First Deputy Prime Minister Denis Manturov, chaired the 13th meeting of the Russian-Indonesian Joint Commission on Trade, Economic and Technological Cooperation.

• Bilateral trade increased by over 80% in five years, reaching $4.3 billion in 2024, making Indonesia one of Russia’s top three ASEAN trade partners.
• Russia exports fuel and energy, foods, mineral fertilizers, and resumed wheat deliveries to Indonesia; plans to begin exporting halal meat products and potentially expand timber and metal goods exports.
• Signed agreements include a free trade agreement between Indonesia and EAEU, a customs cooperation agreement, a halal quality control MoU, quality and business excellence cooperation, and sports cooperation.
• Emphasis on implementing digital technology and AI solutions in Indonesia by Russian companies, and cooperation in space projects such as Earth remote sensing and satellite navigation.

The meeting highlighted diversified trade growth, technological collaboration, and strengthened bilateral agreements, setting a robust framework for expanded economic cooperation.