Why is the first visit of Indonesia's new President to india special?
Indonesian President Prabowo Subianto will be the chief guest of India's 76th Republic Day celebrations. This will be his first visit to india as Indonesian President. President Subianto will be the fourth President of indonesia to be the chief guest of India's Republic Day celebrations. For the first time in 1950, on the occasion of India's first Republic Day, Indonesia's then President Sukarno came to india as the chief guest.
A 352-member marching contingent and band team will take part in India's Republic Day parade along with Indonesia's President Subianto. This is happening for the first time in Indonesia's political history that its marching and band team is taking part in the Republic Day or National Day parade of another country.
Why is Subianto's visit special?
When Indonesia's President Subianto will be on a visit to india, there will be talks and review on bilateral relations between the two countries. In this, there will be talks on political, defense and security cooperation, trade and investment, health, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital technology, energy, culture, connectivity, tourism and mutual relations between the people of both the countries. During this, many MoUs are expected to be signed and many big announcements are also possible. The third CEO Forum will also be organized on the sidelines of this tour. In this CEO Forum, both the countries will talk about connectivity, industrialization, health care, food security and advancing technology. Through this platform, leading policy makers, industry leaders, CEOs and experts will discuss the possibilities of development and investment.
Where is indonesia in Act east Policy?
India and indonesia have very deep and good relations. indonesia has its own place in India's Act east Policy. Economic cooperation between india and indonesia is the highest in the entire ASEAN region. In 2023-24, bilateral trade between the two countries was US$ 29.40 billion. india has invested $1.56 billion in indonesia, especially in the fields of infrastructure, energy, textiles, steel, automotive, mining, banking and consumer goods.
Apart from this, a defense cooperation agreement was signed in 2018 to promote defense cooperation between india and Indonesia. Under this, the air Force, Navy and army of both the countries are constantly in touch with each other. From time to time, the army of both the countries participate in the Garuda shakti military exercise and the Navy participates in the joint naval exercise Samudra Shakti.