A document exchange ceremony for these agreements took place at the Konstantinovsky Palace in St. Petersburg, Russia, on Thursday.
The event was attended by Russian President Vladimir Putin and visiting Indonesian President Prabowo Subianto.
Three of the four plans involve cooperation in the fields of higher education, transportation, and the development of digital and mass media.
The fourth agreement involves the creation of a €2 billion investment platform between the two countries' sovereign wealth funds—Danantara Indonesia and the Russian Direct Investment Fund.
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“I would like to underline that Indonesia is an important partner of Russia in the Asia-Pacific region,” President Putin stated during a joint press statement with President Prabowo after the ceremony.
Putin noted that trade volume between the two countries in the first four months of this year rose by 40 percent compared to the same period in 2024, which saw US$4.3 billion in trade.
President Prabowo stated that cooperation between Indonesia and Russia in various fields has grown significantly.
He described his meeting with President Putin as "intense, warm, and productive."
Several Indonesian ministers accompanied Prabowo at the event, including Foreign Minister Sugiono, Defense Minister Sjafrie Sjamsoeddin, Coordinating Minister for Economic Affairs Airlangga Hartarto, and Minister of Communication and Digital Affairs Meutya Hafid.
Also in attendance were Danantara CEO Rosan Perkasa Roeslani and Simon Aloysius Mantiri, CEO of the state-owned energy company Pertamina.
Related news: Putin sees Indonesia as future global economic powerhouse
Translator: Genta Tenri Mawangi, Anton Santoso
Editor: Rahmad Nasution
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