1. The Twelfth AEM-Russia Consultation was held on 21 August 2023. The Consultation was co-chaired by H.E. Zulkifli Hasan, Minister of Trade, Republic of Indonesia and Mr. Nikita Kondratyev, Director-General of the Department of Multilateral Economic Cooperation and Special Projects, Ministry of Economic Development, the Russian Federation. The Meeting also welcomed H.E. Filipus Nino Pereira, Minister of Commerce, and Industry, Democratic Republic of Timor-Leste who joined the Meeting as an observer.
2. According to ASEAN preliminary statistics in 2022, the two-way trade between ASEAN and Russia amounted to USD 15.5 billion. The bilateral Foreign Direct Investment (FDI) reached USD 159.9 million, an increase of 401.2 per cent year-on-year from 2021.

Download the full statement here.