“Russia – Indonesia: Prospects for Economic Cooperation”

Time: May 19, 2023, 13:00–14:20

Organizing partners: Ministry of Economic Development of the Russian Federation; Business Council for Cooperation with Indonesia

Venue: Halls 6–7, 2nd floor, International Exhibition Centre Kazan Expo, Kazan

Moderator: Mikhail Kuritsyn, Chairperson of the Business Council for Cooperation with Indonesia

Speakers:

Berlian Helmi, Deputy Ambassador of the Republic of Indonesia to the Russian Federation;

Malik Mahmoud Al-Haithar, Chairperson of the Advisory Council to the Government of the Aceh Province of the Republic of Indonesia;

Rustam Hafizov, Head of the Innovative Analytical Centre of Cherkizovo Group;

Nikita Kondratiev, Acting Director of the Department of Multilateral Economic Cooperation and Special Projects of the Ministry of Economic Development of the Russian Federation;

Adi Prianto, Head of the Economic Department of the Embassy of the Republic of Indonesia in the Russian Federation.

During the round table, the participants discussed the status and prospects for the development of cooperation between Russia and Indonesia. Indonesia is a country with the biggest economy among the ASEAN member states and the largest Muslim population around the world – 270 million people. Amid the worldwide transformation of global trade chains, food security, banking cooperation and tourism are among the most important areas of trade and economic cooperation between Russia and Indonesia. In this context, halal compliance becomes a necessary prerequisite for trade in goods and services with Indonesian partners.

Berlian Helmi noted that Russia is the biggest attractive Eurasian market for Indonesia along with Kazakhstan and Tajikistan.

The growth of purchasing power of the population makes Indonesia one of the promising trade destinations in Southeast Asia. At present, Russia exports large volumes of turkey meat to Indonesia. Cooperation in the sphere of tourism is actively developing between the countries. Indonesia is an attractive destination for Russian tourists. Russia adopts the Indonesia’s best practices in developing halal-compliant resorts.

The key issues that need to be solved in Indonesia are water purification and food supplies. The development of hi-tech infrastructure is a promising area of cooperation between our countries.