Russia Invites Indonesia as Partner Country for INNOPROM 2025 Industrial Exhibition in Yekaterinburg
Strengthening bilateral industrial and economic ties, Russia has officially invited Indonesia to participate as the Partner Country at the 2025 INNOPROM Industrial Exhibition, one of Eurasia’s leading manufacturing and technology showcases. The announcement was made by Russian First Deputy Prime Minister Denis Manturov during the Russia-Indonesia Business Dialogue held at the St. Petersburg International Economic Forum (SPIEF).
The high-level dialogue was attended by Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, and coincided with the 75th anniversary of diplomatic relations between Indonesia and Russia.
Expanding Strategic Cooperation Between Russia and Indonesia
Denis Manturov emphasized Russia’s intent to deepen cooperation with Indonesia across key sectors including:
- Sovereign wealth fund collaboration
- Transportation and infrastructure development
- Energy and fertilizer trade
- Food security and digital healthcare
- Renewable energy and green transition initiatives
“We are actively exploring joint infrastructure and renewable energy projects in Indonesia. The invitation to INNOPROM 2025 marks a significant step in this growing partnership,” Manturov stated. He also confirmed that Indonesia will serve as the Official Partner Country at INNOPROM 2026, a proposal that has received full backing from Indonesian President Prabowo Subianto.
Progress on Indonesia-EAEU Free Trade Agreement
A major highlight of the talks was the near-completion of negotiations for the Indonesia–Eurasian Economic Union (I-EAEU) Free Trade Agreement. Manturov expressed confidence that the deal could be signed before the end of 2025, a move expected to boost trade across multiple sectors.
Minister Airlangga Hartarto welcomed the invitation, emphasizing the strategic value of SPIEF as a platform for sustainable investment, economic dialogue, and regional integration.
“SPIEF is one of the world’s most influential economic forums. Indonesia looks forward to strengthening cooperation in banking, finance, digital payments, and retail infrastructure with Russia,” Airlangga said.
Enhanced Connectivity and Trade Outlook
Airlangga praised the resumption of direct Aeroflot flights between Moscow and Denpasar, operating 3–4 times weekly. He noted that President Prabowo has requested Russian President Vladimir Putin to further increase flight frequency, reinforcing connectivity for tourism and business.
Highlighting trade opportunities, Airlangga urged swift technical resolution on the I-EAEU agreement:
“We are close to finalizing the free trade deal. I encourage both sides to expedite the remaining formalities so the agreement can be signed within the year.”
Key Areas of Bilateral Cooperation Discussed
The Russia-Indonesia Business Dialogue also featured industry leaders and government officials addressing opportunities in:
- BRICS and multilateral cooperation
- Agricultural modernization and food security
- Critical minerals and EV battery production
- Renewable energy and fertilizer supply chains
- Infrastructure, nuclear energy, and cybersecurity
- Education, labor mobility, and digital transformation
In his closing remarks, Airlangga extended an open invitation to Russian businesses:
“Indonesia offers immense potential for collaboration in EV batteries, downstream palm oil processing, and import of Russian grains such as wheat. Let us explore these synergies to advance mutual growth.”
INNOPROM 2025 as a New Chapter:
With Indonesia set to take center stage at INNOPROM 2025 in Yekaterinburg, followed by its official partner country status in 2026, the two nations are poised to unlock new dimensions of economic, technological, and industrial cooperation.