VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Indonesia and Russia agreed to keep increasing concrete cooperation in various fields in a bid to encourage economic recovery efforts. This commitment was revealed in a meeting of the Indonesian Coordinating Minister for the Economy, Airlangga Hartarto along with Ambassador of the Russian Federation to the Republic of Indonesia, Lyudmila Georgievna Vorobieva at the Office of the Coordinating Ministry for the Economy in Jakarta last Thursday (23/12).

During the meeting, they discussed several issues of strategic cooperation between the two countries, including the plan to hold the 13th Joint Commission Session between Indonesia and Russia in the fields of trade, economy and engineering. They also discussed the plans for the INNOPROM Industry Exhibition: Industrial Exposition and Business Dialogue, which for the first time will be held in Jakarta from 10 to 12 March 2022. In addition to presenting industry players from both countries, the exhibition is planned to also present those from the Eurasian and Central Asian region as well as several companies from other Southeast Asia regions.

Minister Airlangga Hartarto said that these two activities will play an important role as a platform of collaboration to improve relations and concrete cooperation in the economy, trade, investment and industrial fields between Indonesia and Russia. Moreover, the activities will take place during the Indonesian Presidency at the G20.

In addition to the joint event that is being finalized by the two countries, Minister Airlangga Hartarto and Ambassador Lyudmila Georgievna also discussed cooperation in the aerospace and space industry. Other fields that were being discussed are energy, transportation and rail infrastructure, shipping industry, animal husbandry products and digital economic platforms in particular. Meanwhile, efforts in handling the Covid-19 pandemic have been discussed as well. Ambassador Lyudmila Georgievna expressed Russia's readiness to encourage cooperation in the development of the Covid-19 vaccine in Indonesia through Sputnik-V and other therapeutic drugs.

According to Minister Airlangga Hartarto, there is still a lot of potential for trade and investment cooperation that can be further explored by both countries. Currently, one of which is underway is the construction of an oil refinery in Tuban, East Java and the Natuna Block. Both countries agreed to further encourage cooperation in the field of new and renewable energy, such as hydro and hydrogen energy and the construction of a floating power plant as a joint step in reducing carbon emissions.