Indonesia to Sign FTA With Russia-Dominated Union This Year, Minister Says

Indonesia to Sign FTA With Russia-dominated Union This Year, Minister Says

Jakarta hopes to ramp up agro-industrial exports to the five-nation Eurasian Economic Union, but the greater significance of the trade pact may well be strategic.

Danantara Indonesia and RDIF to launch $2.3B Indonesia-Russia investment platform

Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) are to launch Russia-Indonesia Investment Platform (RIDNIP) with up to €2 billion ($2.3 billion) of capital to implement investments in Indonesia and Russia and promote the economic cooperation between these two countries. The duo said in a statement on last Thursday that Danantara Indonesia an…