MOSCOW (Sputnik) — Earlier on Thursday, the 10th Session of the Indonesia-Russia Joint Commission on Trade-Economic and Technical Cooperation started in the city of Kazan in the southeastern part of European Russia.
“We [Russia] expect active support in the transition to the use of national currencies in our trade relations with [a number of countries] and Indonesia, too" Denis Manturov, Russia's minister of industry and trade, told his Indonesian interlocutor, Coordinating Economic Minister Sofyan Djalil during the session.
Russia has already discussed this initiative with India, China, Vietnam and Thailand, Manturov added.
In turn, Sofyan Djalil said that Indonesia is ready to consider Russia’s proposal, because exposure to dollar fluctuations is a “pain in the neck” for both countries.
The announcement of the Indonesia-Russia Joint Commission on Trade-Economic and Technical Cooperation was proposed in 1999. Since then, the economic ties between the two countries have strengthened.
Moscow and Jakarta also have engaged in military cooperation. Apart from numerous arms sold from Russia to Indonesia, in 2011 the Russian and Indonesian navies practiced anti-piracy counteraction in their first ever joint drills.