Armenia, Indonesia discuss economic cooperation

Armenia, Indonesia discuss economic cooperation
July 7, 2026 - 18:54 AMT

PanARMENIAN.Net - Armenian Economy Minister Gevorg Papoyan met with Indonesian Industry Minister Agus Gumiwang Kartasasmita on July 6 during the Innoprom International Industrial Exhibition in Russia.

The talks focused on expanding trade, economic, and business cooperation between Armenia and Indonesia, promoting industrial development, technology exchange and strengthening partnerships in high value-added manufacturing sectors.

Papoyan proposed exploring opportunities for cooperation in the development of industrial zones, the implementation of investment projects and the establishment of joint manufacturing initiatives.

The two sides also discussed the Armenian government's Crossroads of Peace initiative, noting that its implementation could strengthen regional connectivity, facilitate cargo transportation and create new opportunities for trade, investment and industrial cooperation.

 Top stories
Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia to loan AMD 2.9 billion to KarabakhArmenia to loan AMD 2.9 billion to Karabakh
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
Azerbaijan opposes Armenia’s plans to build new metallurgical plantAzerbaijan opposes Armenia’s plans to build new metallurgical plant
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Armenia attracts record amount of foreign direct investments, says MinisterArmenia attracts record amount of foreign direct investments, says Minister
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
 Articles
4 rules for business success

An ultimate guide

 Most popular in the section
IDBank to participate in Career City Fest 2023
Production of natural vegetable oils was established in Spitak
Shell already in Armenia: First fuel stations put into operation
Moody's upgrades IDBank's long-term deposit ratings to B1, changes outlook to stable from positive
Home
All news
Overview: Economy
Other news in this section
 Latest news
Viva sees growing demand for cloud services In recent years, medical institutions are starting to make use of Viva’s cloud services
Turkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.
Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.
Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.
---