Indonesia and Finland Agree to Enhance Economic Cooperation

Indonesian Ambassador to Finland Ratu Silvy Gayatri and Finnish Minister of Economy Wille Rydman have agreed to encourage economic cooperation.

IDXChannel - Indonesian Ambassador to Finland Ratu Silvy Gayatri and Finnish Minister of Economy Wille Rydman have agreed to encourage economic cooperation between the two countries. 

This was conveyed at a follow-up meeting following last month's visit of a Finnish business delegation to Indonesia led by Minister Rydman.

"The Indonesian Ambassador expressed his appreciation for the visit to Indonesia which is also part of the 70th anniversary of Indonesia-Finland diplomatic relations," the Indonesian Embassy in Helsinki stated in a media release.

The Indonesian Ambassador also invited Minister Rydman to attend the Indonesia Finland Festival 2024 in Helsinki on 15-16 June 2024, an integrated promotional activity to be organized by the Indonesian Embassy in Helsinki.

The business delegation's visit take place at the end of January 2024. The Indonesian market, as the largest market in Southeast Asia, is considered to have great potentials.

During the visit, a Finnish business delegation consisting of 15 companies was interested in being involved in the development of the Nusantara Capital City (IKN) as a smart city. Finnish companies are bringing various technological solutions such as innovative 5G and 6G connectivity technologies from Nokia, key systems from Abloy, battery vehicle charging stations from Virta, and satellite technology from ICEYE for forest area monitoring.

Minister Rydman expressed support for opening access for Finnish private companies to increase their presence in Indonesia. Finnish companies will conduct direct negotiations with partners in Indonesia facilitated by Business Finland Jakarta. (WHY)