Russia and Indonesia are strengthening their economic partnership by increasing the pace of mutual trade. At a meeting in the Kremlin, President Vladimir Putin stressed that bilateral relations were showing steady and progressive growth. This year, the countries celebrate the 75th anniversary of diplomatic relations, and the jubilee period has become the starting point for a new stage of economic cooperation.
"I repeat, our relations are developing very steadily," the Russian head of state noted. He stressed the active work of intergovernmental commissions that are engaged in expanding cooperation in key areas for both countries. According to the Russian leader, it is the close coordination of authorities that helps accelerate trade processes, remove administrative barriers and launch new projects.
The President added that the dynamics of trade turnover in 2024-2025 shows a positive trend: "Trade and economic relations are developing at a good pace - in the first nine months of this year — plus 17%." The growth of mutual trade is due to the expansion of agricultural supplies, an increase in the fleet of Russian industrial machinery in Indonesia, as well as the increased interest of Indonesian business in Russian fertilizers, metallurgical products and energy solutions.
For Indonesia, the largest economy in Southeast Asia and an active participant in the RCEP initiative, cooperation with Russia means diversification of foreign trade relations and access to Eurasian markets. Moscow, for its part, considers Jakarta as an important partner in the Asia-Pacific region and a promising ally in the development of regional logistics, digitalization of customs procedures and supplies of raw materials and finished products.
Experts note that further strengthening of cooperation may affect transport infrastructure, energy, food supplies, cooperation in the field of high technologies and Indonesia's participation in BRICS+ projects. The country is already showing increased interest in settlement mechanisms in national currencies and the expansion of interbank communications with Russia.
With global trade shifting towards the Asia-Pacific region, bilateral relations between Russia and Indonesia can become one of the key pillars of the Global South's economic architecture, providing new export routes, sustainable supply chains, and opportunities for major investment projects.
