Armenia–Indonesia relations explained

Mission1:Armenian Embassy, Jakarta
Mission2:Indonesian Embassy in Kyiv
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Armenia–Indonesia relations refer to foreign relations between Armenia and Indonesia. Both nations are members of the Asian Development Bank, the World Trade Organization and the United Nations.

History

On 22 September 1992, diplomatic ties were established between Indonesia and Armenia.[1] Despite this, Indonesia backs Azerbaijan's stance on the Nagorno-Karabakh dispute in international fora.[2]

The two nations established a bilateral advisory forum and signed a double taxation avoidance agreement on 12 October 2005. The two nations signed a deal on economic, scientific, and technological cooperation on August 8, 2012. An agreement to cooperate in the areas of education and higher education was signed by the two nations on 1 November 2016.

In honor of the 25th anniversary of the establishment of diplomatic ties between Armenia and Indonesia, Minister of Foreign Affairs of Armenia Edward Nalbandian and Minister of Foreign Affairs of Indonesia Retno Marsudi exchanged letters on 16 September 2017. According to Nalbandian, a solid basis for the growth of interstate relations and the encouragement of amicable connections between the two peoples has been established over the course of the last 25 years. Minister Marsudi stated that she is confident that the 25th anniversary of the start of diplomatic relations would provide a fresh boost to deepen the friendship and collaboration between the two nations.[3]

President Joko Widodo of Indonesia declared on 13 January 2020, in an Abu Dhabi bilateral meeting with President Armen Sarkissian of Armenia, that the two nations' long-standing historical ties between them should be fostered into a bilateral mutual partnership. He also prioritized increased cooperation between Armenia and Indonesia in the field of information technology (IT).[4]

On 22 September 2022, the foreign ministers of Armenia and the Republic of Indonesia exchanged messages commemorating the 30th anniversary of the two countries' diplomatic relations' establishment. Ararat Mirzoyan, the foreign minister of Armenia, placed emphasis on the growth of cooperative relationships on both bilateral and multilateral forums. He expressed optimism that with concerted efforts, Armenian-Indonesian cooperation can reach new heights. The Indonesian side values collaboration within the parameters of the free trade agreement that Indonesia and the EAEU would eventually finalize, as well as tighter connections in the areas of trade and information technology.[5]

The President of Armenia, Vahagn Khachaturyan, received a Letter of Credence from President Joko Widodo from the Indonesian Ambassador to Ukraine, Arief Basalamah, at the Presidential Palace in Yerevan on 15 November 2023. The Armenian president seeks to strengthen Indonesian-Armenian economic cooperation. The Indonesian ambassador also reaffirmed his commitment to promoting increased investment and trade. One way he plans to do this is by hosting regular business forums in Indonesia, such as the Indonesia - Europe Business Forum and Trade Expo Indonesia, which are yearly events that aim to investigate trade and investment prospects between the two nations and involve Armenian businesspeople.[6]

Trade

In 2018, trade between the two countries amounted to about $27 million.

Armenia exported $891 thousand to Indonesia in 2021. Ferroalloys ($41.2 thousand), Pure Olive Oil ($23.4 thousand), and Other Edible Preparations ($773 thousand) are Armenia's top exports to Indonesia. Armenian exports to Indonesia have grown at a yearly rate of 9.67% during the past 24 years, from $97.1 thousand in 1997 to $891 thousand in 2021.[7]

Indonesia exported $18.9 million to Armenia in 2021. Coffee ($10.9 million), raw plastic sheeting ($1.51 million), and stone processing machines ($1.49 million) were Indonesia's top exports to Armenia. Indonesian exports to Armenia have grown at an annualized rate of 21.5% over the past 24 years, from $175 thousand in 1997 to $18.9 million in 2021.

Diplomatic missions

See also

Notes and References

  1. Web site: Indonesia - Bilateral Relations . Ministry of Foreign Affairs of Armenia. 9 January 2024.
  2. Web site: Azerbaijan, Indonesia discuss bilateral relations . November 11, 2013 . Azer News. May 7, 2014 .
  3. Web site: 16 September 2017 . 25th anniversary of establishment of diplomatic relations between Armenia and Indonesia . Ministry of Foreign Affairs of Armenia . 1 December 2024.
  4. Web site: Indonesia, Armenia to Increase IT Cooperation, P to P Relations. Cabinet Secretariat of the Republic of Indonesia. 9 January 2024.
  5. Web site: The foreign ministers of Armenia and Indonesia exchanged messages. Radar Armenia. 10 January 2024.
  6. Web site: 15 November 2023. Indonesia Ambassador Presents Letter of Credence in Armenia, Forging New Partnership. 10 January 2024.
  7. Web site: Armenia (ARM) and Indonesia (IDN) Trade . The Observatory of Economic Complexity . 10 January 2024.
  8. https://www.mfa.am/en/embassies/id Embassy of Armenia to the Republic of Indonesia
  9. Web site: Embassy of the Republic of Indonesia in Kyiv, Ukraine . Ministry of Foreign Affairs of Indonesia . 9 April 2023.
  10. Web site: Indonesia - Consulates. Ministry of Foreign Affairs of Armenia. 9 January 2024.
  11. Web site: Armenia Tells Indonesia to Open Embassy in Yerevan. Jakarta Globe. 9 January 2024.