... role, both regionally and globally, including defense diplomacy with various countries including Russia.
At the end of 2024, the navies of both countries conducted a joint military exercise. This marked a step forward in bilateral relations, following Indonesia’s earlier role in 2021 as an ASEAN member leading joint naval exercises between ASEAN member states and Russia.
To maintain regional stability, Indonesia has also established defense cooperation with other countries, including the United States, China, and Australia. Indonesia actively ...
... implementing this roadmap is the introduction of the Quick Response Code Indonesia Standard (
QRIS
), which is essentially a
QR
code-based payment system. This system is already in use for financial transactions in Malaysia, Thailand and Singapore, and Bank Indonesia aims to
expand
it to non-ASEAN partners such as South Korea, the UAE, Japan and India.
Indonesia’s proactive efforts to put in place an alternative financial architecture opens avenues for joint cooperation with Russia and, in the longer term, with the EAEU. This could involve ...
Working Paper No. 83 / 2024
Working Paper No. 83 / 2024
The following working paper presents the results of foreign economic activity of the Eurasian Economic Union (EAEU) following its establishment. The author carefully analyzes free trade zone agreements (FTZs) as a key tool for developing the Union’s foreign economic relations. Additionally, the author assesses the effectiveness of existing EAEU FTZ agreements with third countries, as well as the outlook for new agreements. This research aims...
... launching of a new platform to promote interfaith dialogue. Indonesia is the only representative of ASEAN in G20, and in the course of this year it has actively pursued digital transformation as one of the priorities of its chairmanship - an area where ASEAN has made significant headway. Indonesia has also advanced such priority areas for this year's G20 agenda as strengthening global health architecture and energy transition - all these areas are currently among the main exigencies for the global community.
GT: You wrote in July that ...
... economy
projected
to generate revenue of more than $1 trillion in 2040 along with numerous socio-economic spin-offs.
Way forward
Andrey Kortunov:
Security and Development in Northeast Asia: New Approaches Needed
Obviously, there are precursors for Indonesia to foster space cooperation in ASEAN on the rights of the Chairman, based both on demand and supply sides. On the one hand, ASEAN as the center of the Asia-Pacific economic and security architecture still lacks leverages and a streamlined strategy of utilizing space technology to a ...
... boxes for Russian foreign policy ideology.
First, the region is home to rising powers which, according to the official Russian theory, will build the new ‘polycentric world’ and these players include both individual countries such as China, India or Indonesia and organizations like the SCO and ASEAN itself. Second, the principle of non-alignment, multilateralism and inclusivity in the form of ASEAN-centric organizations is still in vogue here, that is, there is ‘Asian NATO’, but instead a dense network of inclusive dialogue platforms (even ...
