Indonesia and Russia are experiencing one of the most dynamic periods in their bilateral relations in recent years. As Indonesia becomes the partner country for the INNOPROM-2026 international industrial exhibition in Yekaterinburg, the Indonesian Minister of Industry, Agus Gumiwang Kartasasmita, shared insights on how the agreement on a free trade zone between Indonesia and the Eurasian Economic Union (EAEU) can change the rules of the game for businesses. He also discussed why Jakarta may need Russian energy supplies until 2045 and explained why direct economic ties between Russia and Indonesia are becoming increasingly important amidst global supply chain disruptions. The partnership between Indonesia and Russia is built on the principles of humanity, mutual consent, and cooperation, aiming to be beneficial for both countries. Indonesia's strategy, 'Golden Indonesia 2045,' aims to make the country one of the leading manufacturing nations in the world. Russia can play a significant role in supporting this long-term industrial strategy, particularly in energy technology, metal processing, and human resource development. The cooperation between the two countries can lead to the development of industrial human resources, where Russian companies can provide training and knowledge transfer to Indonesian personnel. Russia's strong suits in energy, metallurgy, and industrial equipment can complement Indonesia's vast natural resources and strategic geographic location. By developing direct industrial and trade connections, Indonesia and Russia can reduce their dependence on traditional supply chains and mitigate the risks associated with global financial pressure. The use of local currencies in trade between the two countries can also enhance the representation of their cooperation. Ultimately, the partnership between Indonesia and Russia can serve as an example of a balanced and mutually beneficial industrial partnership, where both sides contribute and receive real benefits, strengthening their national interests and economic development.

Source: RIA Novosti