Manturov: Russia and Indonesia study the feasibility of an FTA

Manturov: Russia and Indonesia study the feasibility of an FTA


This question requires detailed study with the College of the Eurasian economic Union, said the head of Ministry of industry and trade Denis Manturov. While request signing of FTZ agreement with the Indonesian side have been reported, he said.

JAKARTA, 8 Jan. Russia and Indonesia are considering the expansion of mutual trade and investment links, exploring the possibility of whether to start negotiations for the FTA, told reporters the Minister of industry and trade of the Russian Federation Denis Manturov.

“As for cooperation with the EEU, then, of course, evident interest, both from Indonesian colleagues today at a meeting with the coordinating Minister of the economy we have discussed the matter. Of course, this requires a detailed study with the College of the Eurasian economic Union, we will be active participants in this negotiation process. While request signing of FTZ agreement with the Indonesian side have been reported, but we believe that colleagues need to assess their interest in this part. We also this question for yourself are working out in order to enter a counter offer,” he said.