The parties exchanged views on strengthening economic and trade cooperation with Indonesia and expanding ties between the business communities of the two countries.
Deputy Minister of Economy of Azerbaijan Anar Akhundov met with Todotua Pasaribu, Vice Minister of Investment and Downstream Industry of Indonesia, Vice Chairman of the Investment Coordinating Board, and Vice Commissioner of Pertamina.
The meeting focused on expanding cooperation between Azerbaijan and Indonesia in energy, petrochemicals, industry, trade, and investment, implementing joint projects between SOCAR and Pertamina, and exploring opportunities for Indonesian companies to participate in the reconstruction of Garabagh.
Information was provided on the opportunities available to investors in Azerbaijan’s industrial zones and the Alat Free Economic Zone. The parties also discussed prospects for participation in projects implemented in Garabagh and East Zangezur, as well as cooperation in public-private partnerships, renewable energy, logistics, and education.
The parties exchanged views on strengthening bilateral economic and trade cooperation, developing ties between the business communities of the two countries, and other matters of mutual interest.
Established in 1957, Pertamina is Indonesia’s state-owned energy company. Its activities include oil and natural gas exploration and production, refining, petrochemicals, and the supply and distribution of energy products.