Indonesia Expects to Double Trade With Russia to $10Bln Per Year – Official
/ Go to the mediabankDidit Ratam, head of the Indonesian Chamber of Commerce’s committee on cooperation with Russia, attends the Russia-ASEAN summit in Kazan. June 17. 2026
/ Go to the mediabank
KAZAN (Sputnik) — Indonesia expects to double its trade with Russia, bringing it to $10 billion per year, the head of the Indonesian Chamber of Commerce’s committee on cooperation with Russia, Didit Ratam, told Sputnik on Wednesday.»The current volume is about $5.1 billion per year, but we believe it could grow … We hope that we can double or even triple the trade between Indonesia and Russia,» Ratam said on the sidelines of the Russia-ASEAN business forum. These expectations are linked to the signing of a free trade agreement between Indonesia and the Eurasian Union, which reduces tariffs on nearly 90% of goods, Ratam explained. The Russia-ASEAN business forum is taking place on June 17 on the sidelines of the Russia-ASEAN summit in Kazan. RIA Novosti is the information partner of the forum. 
EconomyIndonesia Bets on BRICS Tech Partnerships to Fuel Its Industrial Rise4 June, 07:04 GMTThe Association of Southeast Asian Nations (ASEAN) was established in 1967 and includes 11 countries: Brunei, East Timor, Vietnam, Indonesia, Cambodia, Laos, Malaysia, Myanmar, Singapore, Thailand and the Philippines.
