Indonesian President Prabowo Subianto said that the relationship between the two countries was ‘getting stronger again’.Russian President Vladimir Putin met his Indonesian counterpart Prabowo Subianto as Moscow bids to strengthen ties in the Global South amid Western efforts to isolate the country following its war on Ukraine.
On Thursday, Putin and Prabowo met in the Russian city of St Petersburg and signed a declaration on strategic partnership.
Danatara, Indonesia’s sovereign wealth fund, and the Russian Direct Investment Fund, whose CEOs were also in Saint Petersburg, signed an agreement to create an investment fund worth 2 billion euros ($2.29bn).
In a statement after the talks, Prabowo said that the relationship between the two countries was “getting stronger again”.
“My meeting with President Putin today was intense, warm and productive. In all fields of economics, technical cooperation, trade, investment, agriculture – they all have experienced significant improvements,” he said.
Moreover, during the meeting at the Konstantin Palace, Putin acknowledged Indonesia’s entry into the BRICS (Brazil, Russia, India, China, South Africa) grouping of emerging economies as a full member.
Core BRICS country representatives, President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia’s Foreign Minister Sergei Lavrov at a 2023 summit in Johannesburg [File: Gianluigi Guercia/Reuters]
“Our relations with Indonesia are developing steadily. Trade turnover is growing. We have good prospects in a number of promising and very interesting areas of cooperation,” Putin said, acco …
