By 2016, trade and economic turnover between Russia and Indonesia will increase to 5 billion dollars

In recent years, Russia has accumulated significant export potential in a whole range of high-tech and knowledge-intensive industries, which allows today to move to a new level of trade and economic relations with the countries of the Asia-Pacific region. So the volume of trade and economic turnover between Russia and Indonesia should increase more than 1,5 times and reach 5 billion US dollars to 2016 year through joint investment projects. It is planned that the announced figure will be even higher due to the implementation of investment projects in both Indonesia and Russia, as announced by Denis Manturov, Minister of Industry and Trade of the Russian Federation, during his working visit to Indonesia.

The head of the Ministry of Industry and Trade noted that today this figure is about 3 billion, and there is still a lot of work to be done to reach a new level of trade and economic relations and the implementation of new projects. One of the tools to achieve the goals is the intergovernmental commission on trade, economic and technical cooperation. After the completion of the formation of a new cabinet of ministers of Indonesia, preparations will begin for a meeting of the commission to be held in Tatarstan in March 2015.

The Minister also expressed confidence that the constructive dialogue between the countries that has developed over many years of economic relations will continue and develop. Cooperation will take place both in traditional areas and in new ones announced by the recently elected President of Indonesia, Joko Widodo. Both sides confirm their interest in reaching a new level of partnership between countries.
Joko Widodo emphasized that Indonesia is a developed maritime power, therefore the joint development of maritime transport and the island’s maritime infrastructure is a key area of ​​cooperation for both countries.

“Russian industry has export potential in a number of high-tech and knowledge-intensive industries and we are ready to develop joint Russian-Indonesian projects,” said Denis Manturov. - Since Indonesia is the largest island nation in the world, we count on the interest of Indonesian partners in developments in the field of shipbuilding, as well as joint projects in infrastructure construction, civil aviationsupply of machinery and equipment. ”

In the field of shipbuilding, cooperation projects with the United Shipbuilding Company (USC) are being discussed, including the localization of the construction of diesel submarines in Indonesia. USC will present its exposition at the IndoDefense 2014 exhibition, which will be held in Jakarta in early November of this year. More than twenty largest holdings and enterprises will take part in the exhibition. Compared to previous years, the Russian presence will be significantly increased at this exhibition.

The parties discussed plans for deliveries to Indonesia over the next 3 years before the 15 of the Sukhoi Superjet 100 aircraft. It is also planned that the production of components for the MC-21 aircraft will be organized in the country, which will guarantee the supply of these short-medium-range aircraft to the Indonesian market in the future.

Indonesian colleagues are counting on an increase in oil supplies to the country and on Russia's participation in joint projects in the field of oil refining, in particular in the construction of an oil refinery in Indonesia.

In the field of high-tech electronic products, Russia can submit to Indonesia multi-level intelligent systems for monitoring the situation in cities and managing operational services units, mobile situational-analytical centers, LED technology.

In addition, in February this year at the Indonesia-Russia Business Forum. Investment strategies ”were presented promising areas of development of bilateral relations, the Indonesian side expressed interest in the helicopter and automotive products presented by Rostec companies at the forum.

Prospects for cooperation are emerging in the field of engineering. In February 2014, KAMAZ signed with the Indonesian company PT. Tehnika distribution agreement for the supply of trucks with the possibility of organizing a service network in Indonesia. The possibility of building an assembly plant is also being considered. Currently, certification work is underway to organize the assembly of KAMAZ vehicles in Indonesia.

United Engine Corporation proposed options for the use of new Russian gas turbine technologies in the construction of power plants in Indonesia.

In metallurgy, UC RUSAL is exploring the possibility of creating a bauxite-alumina plant in the Republic of Indonesia. Also, VI Holding, together with its Indonesian partners, are planning to implement a joint project for the production of alumina.

In the field of chemical products, a significant increase in deliveries to Indonesia of Russian potash and phosphate fertilizers is planned. With the volume of the Indonesian market in 2,5 million tons, which continues to grow, exports from Russia today are only about 100-150 thousand tons per year.

The Russian side, in turn, is counting on an increase in the supply of Indonesian agricultural products and fish, it is also planned to set up joint ventures in agriculture and the fish industry in Indonesia. Today, the basis of Russian imports are food products and agricultural raw materials - more than 50%, including fats and oils, coffee, tea, cocoa.

Comments

[Oleg merser]

Very good) I wish the further development of relations between our countries

[Sid.74]

The good news. Here is another. From our sworn Far Eastern friends. It seems the Japanese began to suspect something.

The Japanese business press claims that Russia is actively preparing for the collapse of the dollar financial system, moreover, not alone, but in a company with China. The Japanese draw such conclusions from the course taken by Moscow and Beijing to build up gold reserves.

The article “Russia is buying gold. Not only because of sanctions ”was published not by some marginal publication, but by the Japanese business information agency Nikkei - and this makes us take it as seriously as possible:

http://inosmi.ru/economic/20141008/223504409.html

Let me remind you that Nikkei is Japan's oldest and most famous economic media. Even the Tokyo Stock Exchange Index is called Nikkei 225.

The author of the article, economic journalist Takayuki Tanaka believes that Russia is buying gold not only to mitigate the effect of sanctions from the West, but also to “undermine” the Western financial system. Tanaka notes that Russia has changed its policy of managing foreign exchange reserves:

The Putin administration, which has taken a course to aggravate the confrontation with the United States, has decided to "reduce its dependence on these currencies in order to counter sanctions." The reform of gold and foreign exchange reserves was accelerated. On the one hand, the Russian Federation began to buy more gold and Chinese yuan, and on the other, it reduced the share of dollars and US government bonds in its reserves.

The first results are already visible with the naked eye:
According to the IMF, its gold reserves over the past five months have grown significantly. By this indicator, the Russian Federation has already overtaken China and Switzerland.

The IMF said that Russia's gold reserves at the end of August amounted to 1112,5 tons. Since January, it has increased by 77 tons, that is, increased by 7% in seven months. The share of gold in foreign exchange reserves increased from 8,3% to 9,8%.

More precious metals are good and different!

[herruvim]

There are many different sane countries in the world, the EU and the USA have already outlived themselves

[1812 1945]

Quote: herruvim

There are many different sane countries in the world, the EU and the USA have already outlived themselves

I think, yes. The power of the monetarists — interest-holders — the apotheosis of colonial politics — is crumbling, just as the colonial empires themselves, which once ruled the world. There they are dear. Russia has chosen the right (eastern) direction of cooperation.

[Giant thought]

Having another business partner in Asia is a very good thing. We will trade more with Indonesia, we will have only pluses from this.

[P-38]

We will trade as we want. The main thing is to not for US dollars

[Mooh]

It is not very important for what, it is very important what and to what extent. Less oil and gas and more manufactured goods and high-tech products. This is what you need to strive for.

[Styx]

That's right, a rat-little girl with a bubble !)

[Viktor Kudinov]

It is valuable that for the same money in Indonesia you can buy much more goods than in Western Europe, the States or Australia.

[vdtomsk]

Irkut MS-21 is a Russian project of a short-medium-haul passenger aircraft. Certification of the aircraft and commissioning of the first copies are planned for 2016. The start of mass production is expected in 2020.
Cruising speed: 870 km / h
Range: 5 000 km

[Ober.K]

The more countries ready and willing to cooperate with us, the better. Only one topic should be closed to foreign business - everything that is directly related the country's defense capability! Everything should be ours here !!! It is innovations in the military field that can have a dual purpose and be used in the national economy and in peaceful life! Let foreigners compete with our companies ... this is normal !!!

[Tibaliti]

Such news is read in one breath ....
And such, well, straight heart jumps out of joy :)
And then there will be even more, tremble Judas, the future for Russia !!!

Quote: Sid.74

The good news. Here is another. From our sworn Far Eastern friends. It seems the Japanese began to suspect something.

The Japanese business press claims that Russia is actively preparing for the collapse of the dollar financial system, moreover, not alone, but in a company with China. The Japanese draw such conclusions from the course taken by Moscow and Beijing to build up gold reserves.

The article “Russia is buying gold. Not only because of sanctions ”was published not by some marginal publication, but by the Japanese business information agency Nikkei - and this makes us take it as seriously as possible:

http://inosmi.ru/economic/20141008/223504409.html

Let me remind you that Nikkei is Japan's oldest and most famous economic media. Even the Tokyo Stock Exchange Index is called Nikkei 225.

The author of the article, economic journalist Takayuki Tanaka believes that Russia is buying gold not only to mitigate the effect of sanctions from the West, but also to “undermine” the Western financial system. Tanaka notes that Russia has changed its policy of managing foreign exchange reserves:

The Putin administration, which has taken a course to aggravate the confrontation with the United States, has decided to "reduce its dependence on these currencies in order to counter sanctions." The reform of gold and foreign exchange reserves was accelerated. On the one hand, the Russian Federation began to buy more gold and Chinese yuan, and on the other, it reduced the share of dollars and US government bonds in its reserves.

The first results are already visible with the naked eye:
According to the IMF, its gold reserves over the past five months have grown significantly. By this indicator, the Russian Federation has already overtaken China and Switzerland.

The IMF said that Russia's gold reserves at the end of August amounted to 1112,5 tons. Since January, it has increased by 77 tons, that is, increased by 7% in seven months. The share of gold in foreign exchange reserves increased from 8,3% to 9,8%.

More precious metals are good and different!

[Yugra]

That's where the understanding is, that's where the real partners are ....

[Demetry]

Quote: Ugra

That's where the understanding is, that's where the real partners are ....

well ... so that there are no pink glasses.
In 2012, Indonesia's foreign trade turnover of 382 billion dollars. It is immediately said that he will only grow to 5 billion with Russia next year.
Those. total we are in the foreign trade of Indonesia - miserable 1.5 percent.

Probably in your understanding these are "real partners". I can even assume that the lion's share of this turnover is palm oil. The one that our producers put into our products and which we eat instead of normal cottage cheese and other products.

I. yes .... the article says about submarines. I don’t know what will happen next, but so far Indonesia POSITIONED our proposals with both the Amur and Varshavyanka and chose the Korean proposal with the German project of the submarine 209.

And so ... true partners.

[Mountain shooter]

Let them buy air defense systems. Striped at once strain.

[Siberian]

We have long-standing relations with Indonesia, although not everything went smoothly in the history of relations between our countries ..... However, Indonesia has grown from children's pants, and we are Russia even more so ...... Joint plans and intentions voiced by both countries not bad, it remains only to show political will and proceed with their implementation, in a good way ............

[Vitaly Anisimov]

We are conquering new markets slowly ... And this direction is very promising! (Especially considering their booming economy) It is time to squeeze the USA out of their time of hegemony and lawlessness in the world ..

[van50man]

,, Extra partner, we will not hurt! Yes, and if you think hard, for the long term, a huge market opens up for cooperation in the field of small and medium aviation, ships of various classes up to ferries and boats ..., oil and gas pipelines in local execution (all the same, an island state) , communication systems and energy (sun, wind, surf ...), offshore exploration of resources, etc. etc. (Yes, and a couple of military bases, for ,, monitoring ,, ...).