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Market Chatter: Indonesia, Russia Agree on Bilateral Cooperation Framework

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Indonesia and Russia agreed on trade, economic, and technological cooperation on Tuesday, The Jakarta Globe reported Wednesday.

Indonesia's Chief Economic Minister Airlangga Hartarto and Russian First Deputy Prime Minister Denis Manturov reportedly signed a related agreed minutes document on Tuesday after a 14th joint commission meeting between the nations.

The document will give the countries a framework to work on various initiatives under the bilateral collaboration, according to the report.

The cooperation encompasses various priority sectors, including trade and investment, renewable energy, transportation, construction, tourism, healthcare, higher education, and more.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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