Indonesia, Belarus Eye US$500 Million Economic Ties Potential

Indonesia and Belarus are setting their sights on a significant economic partnership, with potential cooperation valued at US$500 million. Foreign Minister Sugiono announced that the business forum between the two nations discussed expanding bilateral trade and investment.

This initiative follows a meeting between Indonesian President Prabowo Subianto and Belarusian President Aleksandr Lukashenko. The presidents agreed that existing trade and investment figures need to be increased for the progress of both countries. The recent signing of a trade agreement between Indonesia and the Eurasian Economic Union, which includes Belarus, further supports this expansion.

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If I'm not mistaken, the report was 500 million (US dollars), and I think the two presidents also agreed that the existing figures, both in the trade and investment sectors, are figures that need to be increased for the progress of both countries.

The roadmap for bilateral relations, launched during the meeting, covers various strategic sectors, signaling a new, more intensive phase of cooperation. Key areas of focus include food security and energy, with discussions encompassing agricultural products and fertilizer raw materials. Belarusian President Lukashenko's visit to Indonesia marked his second, underscoring the growing diplomatic engagement between the two nations.

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This shows that our bilateral relations have entered a new, more intensive phase, if I may say so, from which today a roadmap for bilateral relations in various sectors between Indonesia and Belarus will be launched.