BRICS Helps Strengthen Russia-Indonesia Economic Ties
/ Go to the mediabankJune 20, 2025. Russian President Vladimir Putin at the plenary session of the 28th St. Petersburg International Economic Forum. On the left – Indonesian President Prabowo Subianto.
/ Go to the mediabank
The BRICS alliance opens new opportunities for strengthening economic ties between Moscow and Jakarta, Indonesian Trade Minister Budi Santoso said in an interview with Sputnik. “Cooperation [between Indonesia and Russia] in investment, energy, and infrastructure is growing. Forums like BRICS open new opportunities for strengthening economic ties,” Indonesian Trade Minister Budi Santoso said in an interview with Sputnik.He said Russia is a strategic partner in developing Indonesia’s inclusive and sustainable trade.
Indonesia joined BRICS in early 2025. BRICS is an interstate association created in 2006. In addition to Russia, Brazil, India, China and South Africa, the group was joined by Egypt, Ethiopia, Iran and the UAE in 2024, and Indonesia became a full member of BRICS in 2025.
Russian oil product supplies to Indonesia have increased significantly, Budi Santoso said.”Regarding energy, Indonesia’s imports of oil products from Russia (fuel oil, naphtha, diesel) have increased significantly,” he pointed out.He said Russia supplied Indonesia with energy products worth $874.7 million in 2024.
WorldPutin, Indonesian President Adopt Declaration of Russia-Indonesia Strategic Partnership19 June, 15:52 GMT
