Russia-Indonesia Business Forum to Boost Bilateral Cooperation

28 October 2016 The Russia-Indonesia Business Forum will see participation by representatives of various industries, financial and trade sectors, as well as government officials. Bilateral cooperation currently prevails in civil aviation, mining and transport infrastructure.
With trade volumes between the two countries expected to grow to $5 billion this year, more projects are expected in the oil and gas industry, maritime and aeronautical sectors, satellite technology and banking.
"The main purpose of the forum is to help overcome the information gap between the business circles of both countries, especially in the turbulent, unstable global economic times," Russia-Indonesia Business Council chief executive Mikhail Kuritsyn said in a statement on Friday.
The forum is supported by several agencies in the Russian Federation, the Ministry of Economic Development, Chamber of Commerce and the country's embassy in Jakarta. Panel discussions, collaborative project presentations and business-to-business meetings are included in the forum agenda.
The Russia-Indonesia Business Council is a nongovernmental body, formed as a platform for businesses from the two countries to develop bilateral relations in trade, investment and technology.