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Trade And Economic And Industrial Cooperation With Indonesia Was Discussed In The Ministry Of Industry And Trade Of Russia

 In the Ministry of Industry and Trade of Russia the meeting of the First Deputy Minister of Industry and Trade Gleb Nikitin and the Minister of Trade of Indonesia Enggartiako Lukita took place.

As noted by the first deputy head of the Ministry of Industry and Trade of Russia, the decline in trade, which took place in 2014-2015, was replaced by an increase of 33.3% in 2016. " Indonesia is one of Russia's leading trade partners in the Asia-Pacific region. As a result of five months of 2017, bilateral trade increased by almost 15% compared to the same period last year, exceeding $ 1 billion , "said Gleb Nikitin.

He also noted that Russia regards Indonesia as one of the most promising partners in the field of military-technical cooperation and is determined to further develop this direction on a wide spectrum. In particular, the parties signed a Memorandum on Counter Trade between state corporation Rostek and Indonesian state trading company PerusahaanPerdagangan.

In addition, the sides discussed the possibility of concluding an agreement on a free trade zone between the members of the Eurasian Economic Union and Indonesia, noted the mutual interest in the development of the aviation industry, possible deliveries of the latest Russian regional aircraft to Indonesia.

With pleasure I will note that for today export offers on a model number of civil aircraft are expanding. In particular, the program for creating a family of short-medium-sized passenger aircraft MS-21, which can also become a worthy addition to the fleet of aircraft of Indonesia , is being implemented.

Said Gleb Nikitin.

As part of the implementation of contracts for the supply of Russian civil aircraft and helicopters, the parties discussed the possibility of mutually beneficial technological and industrial cooperation in the field of joint production of components, as well as maintenance and repair of aircraft in Indonesia.

The Minister of Trade of the Republic of Indonesia, in turn, noted that our countries have extensive experience in the production of palm and vegetable oils. " Therefore, we had an idea to invite you to create a Russian-Indonesian association of vegetable oils ," said Enghargiasto Lukita.

Also, the parties discussed the holding of the Russian-Indonesian Business Forum on August 4, organized with the participation of the Business Council for Cooperation with Indonesia, which will be the largest this year by the number of participants - about 300 representatives of the business community will take part in its work.

Currently, an effective mechanism for interaction between the two countries is the Russian-Indonesian Joint Commission for Trade-Economic and Technical Cooperation, the 12th meeting of which will be held in Moscow on October 10, 2017.

Also, Gleb Nikitin invited the Indonesian side to take part in the work of the Eastern Economic Forum, which will be held in Vladivostok on September 6-7, 2017.

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