Russia-Indonesia trade to reach $3b

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SukhoiTrade turnover between Russia and Indonesia will reach $3 billion by the end of 2013, Russia’s Ambassador to Jakarta Mikhail Galuzin said in an interview with Russia’S news agency Itar-Tass.

“Over the first six months, the mutual trade turnover grew by over twelve per cent year-on-year to $1.7 billion. Thus, the forecast by year-end may be $3 billion,” he said.

Russian and Indonesian counterparts have been negotiating major joint projects, the ambassador said.

“The government of East Kalimantan province and the Kalimantan Rail Company, which represents the Russian Railway Company, signed a memorandum on mutual understanding in February 2012 on building of a railroad and its infrastructures in the province. RUSAL has been negotiating construction in West Kalimantan of a bauxite and alumina plant with capacity of 1.8 million tonnes per year. Other joint projects include satellite navigation, civil aviation, and peaceful use of nuclear energy.”

Civil aviation is a priority sector in the cooperation between Russia and Indonesia, Galuzin said. In 2011, Indonesia’s Sky Aviation signed an agreement with the Sukhoi Corporation on leasing of twelve SuperJet-100 planes.

“Under the contract, first two planes arrived in Indonesia in February and August of the current year. The third plane is due to come to Indonesia by year-end.”

The diplomat also stressed the dynamic development of the military-technical cooperation between Moscow and Jakarta.

“We are proud that the Russian armoury, well known around the world, is used for improvement of Indonesia’s defense potential. In September, the Russian side completed ahead of the term supplies of six Sukhoi-30MK2 battle planes. Russia is also working on supplies of BMP-3F armoured vehicles,” the ambassador said.

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Reading Time: 1 minute

Trade turnover between Russia and Indonesia will reach $3 billion by the end of 2013, Russia’s Ambassador to Jakarta Mikhail Galuzin said in an interview with Russia’S news agency Itar-Tass.

Reading Time: 1 minute

SukhoiTrade turnover between Russia and Indonesia will reach $3 billion by the end of 2013, Russia’s Ambassador to Jakarta Mikhail Galuzin said in an interview with Russia’S news agency Itar-Tass.

“Over the first six months, the mutual trade turnover grew by over twelve per cent year-on-year to $1.7 billion. Thus, the forecast by year-end may be $3 billion,” he said.

Russian and Indonesian counterparts have been negotiating major joint projects, the ambassador said.

“The government of East Kalimantan province and the Kalimantan Rail Company, which represents the Russian Railway Company, signed a memorandum on mutual understanding in February 2012 on building of a railroad and its infrastructures in the province. RUSAL has been negotiating construction in West Kalimantan of a bauxite and alumina plant with capacity of 1.8 million tonnes per year. Other joint projects include satellite navigation, civil aviation, and peaceful use of nuclear energy.”

Civil aviation is a priority sector in the cooperation between Russia and Indonesia, Galuzin said. In 2011, Indonesia’s Sky Aviation signed an agreement with the Sukhoi Corporation on leasing of twelve SuperJet-100 planes.

“Under the contract, first two planes arrived in Indonesia in February and August of the current year. The third plane is due to come to Indonesia by year-end.”

The diplomat also stressed the dynamic development of the military-technical cooperation between Moscow and Jakarta.

“We are proud that the Russian armoury, well known around the world, is used for improvement of Indonesia’s defense potential. In September, the Russian side completed ahead of the term supplies of six Sukhoi-30MK2 battle planes. Russia is also working on supplies of BMP-3F armoured vehicles,” the ambassador said.

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