0:00
1,000 friends, too few. One enemy, too
0:04
many. We want to be friends with
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International economic forum.
1:10
English level intermediate and fluent.
1:35
1,000 friends, too few, one enemy, too
1:40
many. We want to be friends with
1:49
Only with friendship, collaboration
1:53
can we achieve prosperity.
1:56
So, thank you very much. President Putin
1:58
for inviting me and uh because you
2:01
invited me, I can be here uh today in
2:08
uh city, a city of heroism, a city of
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Israel and Palestina.
3:31
Peace. Thanks for watching. Don't forget
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4:29
Good evening everyone. Um Mr. President,
4:34
thank you so much. It's a pleasure and
4:35
an honor to be with you on this panel
4:38
with your esteemed guests. Um if
4:41
anything um the um St. Petersburg
4:44
International Economic Forum is again
4:48
and again proving itself as a pivotal
4:52
um for the discussions around global
4:54
economy, global trends and geopolitics.
4:57
So there's no better time than now than
5:01
being here and discussing what we are
5:03
going to discuss after um listening to
5:07
um one by you and the rest by your
5:09
esteemed guests. Thank you again. Thank
5:12
you so much. And um uh this is a very
5:16
interesting panel. If you look at the
5:18
structure of the panel,
5:20
um we have China, we have Indonesia,
5:24
um very important country from the
5:27
Assan, we have Russia, we have Bahrain,
5:30
um a very important and and vibrant GCC
5:34
country. And then we have South Africa
5:37
which is a founding member of the bricks
5:40
which is I give the floor to the
5:41
president of the Republic of Indonesia,
5:44
Prao Subento. The floor is yours.
6:17
President Vladimir Putin, President of
6:20
the Russian Federation.
6:23
Your Excellency Prince Naser bin
6:25
Muhammad Al Khalifa, National Security
6:29
Adviser to the King of Bahrain.
6:32
Your Excellency Paul Masha Tille, Vice
6:35
President of South Africa.
6:38
Your Excellency Mr. Ding Zou XYang, Vice
6:42
Premier of the People's Republic of
6:45
China. Distinguished ministers,
6:50
ladies and gentlemen, participants of
6:56
I am honored here today
6:58
to be invited and to speak in this
7:04
forum, the St. Peter St. Petersburg
7:08
International Economic Forum. 2025.
7:17
a forum that combines
7:20
and gathers leaders from
7:23
the west, the global south, the east,
7:26
and where Eurasia meet.
7:30
Indonesia views the summit as an
7:32
opportunity to forge strategic trust, an
7:35
opportunity to make deals in an
7:38
increasingly complicated geopolitical
7:43
Deals that can benefit our shared
7:46
survival and our shared success.
7:50
On this occasion, I would like to
7:55
I am Provos Subanto, president of
7:58
Republic of Nia. I've just been
8:10
this is my first international ignored
8:11
forum. So I apologize if I'm a bit
8:24
is the fourth largest country by
8:29
Every year there are 5 million
8:34
new Indonesians arriving in this world.
8:38
Every year 5 million. That means every
8:43
a group of people the size of Singapore.
8:47
So in 10 years there will be 10
8:50
in Southeast Asia. The size I I give
8:55
this as a illustration of the size of
9:01
This gives us great opportunity
9:06
but also gives us great challenge. Any
9:10
leader of Indonesia must think how to
9:13
feed 5 million more mouse
9:16
every year, 5 million new
9:24
etc etc the hospitals
9:27
and more important and most important is
9:34
the duty of a government is first to
9:37
protect its people. And to protect his
9:41
people means to protect his people from
9:46
hunger and from poverty and from the
9:52
suffering of a challenging environment.
10:00
the government of Indonesia, my main
10:03
priority was first to achieve
10:08
self-sufficiency in food.
10:11
Number two, self-sufficiency in energy.
10:20
the education level of Indonesians to be
10:27
in the challenging era of the 21st
10:37
speed up the industrialization
10:51
by the Almighty Lord vast economic
10:57
Vast economic resources.
11:00
But these vast economic resources
11:04
if not wisely managed
11:08
actually can be a curse to our people.
11:12
We have vast forests.
11:15
We have vast minerals.
11:20
commodities that are useful for the
11:22
world. But this has to be managed well.
11:30
in my opinion, every country needs its
11:32
own economic policy and its own economic
11:38
One of the big mistakes of many
11:41
countries in Southeast Asia is that we
11:51
the biggest and the most powerful
11:59
In the last 30 years, we see
12:14
free market philosophy which basically
12:18
tends to be less affair.
12:22
And the Indonesian elite followed this
12:26
And there for in my opinion
12:30
we have not managed to create
12:35
a level playing field for all our
12:37
people. There is vast growth. We have
12:45
especially the last seven years.
12:54
we have not managed to have this
12:59
so-called trickle down effect.
13:02
The wealth remains at the top less than
13:08
And this is not a formula for success in
13:13
my opinion. Therefore,
13:19
position is this that we must each
13:22
country must follow its own economic
13:27
The economic philosophy
13:30
that is in tune and that is
13:35
can be accepted by each country's
13:37
culture and each country's background.
13:42
Therefore, I have chosen the path of
13:48
compromise, the path, the path of the
13:55
and the best of capitalism.
13:59
Pure socialism we have seen
14:09
we see many chances and many cases
14:13
people do not want to work. Pure
14:18
results in inequality
14:21
result in only a small percentage
14:28
enjoying the fruits of the wealth.
14:32
But our path is the path of the middle
14:35
way. We want to use the creativity of
14:39
capitalism, innovation, initiative.
14:47
But we need government intervention to
14:50
overcome poverty, overcome hunger, to
14:54
intervene, and to protect the weak.
14:57
Because there's a danger in developing
14:59
countries like Indonesia
15:01
of what we consider the danger of
15:09
the collusion between
15:12
big capital business and government
15:15
officials and political elite. In the
15:18
end, the collusion between these two
15:24
does not result in the alleviation
15:31
and the widening of the middle class.
15:37
we have chosen the philosophy
15:40
which in essence and in simplicity
15:45
can be reduced to two f to one sentence.
15:51
The greatest good for the greatest many.
15:55
That is our philosophy.
15:58
Our government must work to bring the
16:00
greatest good to the greatest many. And
16:04
in this case we have to have a clean
16:11
and this I think is the key of rapid
16:16
I am proud to stand here before you.
16:21
In my 7 months of administration,
16:27
an increase in rice and corn production
16:35
And this is the greatest increase
16:38
production in the aggregate
16:42
in the history of the Republic of
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Indonesia. And we have now in our
16:47
government warehouses
16:50
4.4 4 million tons of rice, which is the
16:54
largest reserve in the history of the
16:58
Republic of Indonesia in just a few
17:01
months of my administration.
17:04
We increase efficiency.
17:09
very strongly against corruption.
17:14
We cut all the regulations which
17:18
increase inefficiency.
17:21
and we have seen the rapid results.
17:26
I believe that if Indonesia
17:32
can play a good role, a positive role in
17:41
for instance, our participation in
17:46
the government of Russia for supporting
17:49
us to be a member of bricks very fast. I
17:53
think we are one of the fastest uh
17:55
members to be accepted in bricks. Also
18:01
uh former president of Brazil and
18:03
president of the new development bank.
18:05
We are also accepted into the member of
18:07
new development bank also very fast. We
18:10
thank also the government of China for
18:13
supporting us and the government of
18:15
South Africa and we believe that
18:20
bricks can contribute
18:23
significantly to stability prosperity of
18:37
Uh I would like just to tell a a slight
18:42
not part of my speech but I was asked uh
18:46
why I did not attend the G7
18:50
but uh I attended the St. Peterberg
18:57
and it's not because
19:00
I did not respect the G7. It's because I
19:04
gave my commitment to attend this forum
19:09
before they invited me. So that's the
19:21
please don't read too much into the
19:26
event. Sometimes a political observers
19:29
they want to read is this a political
19:32
statement right? No. Indonesia by
19:35
tradition always nonaligned. We respect
19:41
countries. Our foreign policy is very
19:49
1,000 friends, too few,
19:53
one enemy, too many. We want to be
19:55
friends with everybody.
20:03
Only with friendship, collaboration
20:07
can we achieve prosperity.
20:10
So, thank you very much uh President
20:11
Putin for inviting me and uh because you
20:15
invited me, I can be here uh today in
20:22
uh city, a city of heroism,
20:26
a city of great patriotism
20:32
amateur student of history, I followed
20:35
the history of Russia and I know the
20:39
significance of St. Petersburg and I had
20:47
the cemetery of the the victims of the
20:51
war a few days ago. So, thank you very
20:54
much for this invitation.
21:05
For many times I have said in many
21:10
that Indonesia has chosen the path of
21:27
into a multipolar world and is
21:31
developing towards a multipolar world.
21:34
the world of uniolar centrality is past.
21:39
This is the trend of history. This is
21:41
what's happening in front of us. And uh
21:45
so uh I value very much
21:49
the leadership of Russia and the
21:53
leadership of also China.
21:56
And I want to be very frank
22:00
in the present world in the global
22:05
I think many from the global south will
22:08
agree with me. Russia and China
22:12
has never had double standards. Russia
22:15
and China has always defended.
22:19
The downtrodden has always defended. The
22:22
oppressed has always fought
22:26
for the justice of all peoples of the
22:29
world. So I say this
22:42
Therefore, Indonesia
22:44
wants to be a good partner and a strong
22:50
My experts tell me that in this first
22:55
our economic growth is more than 5%.
22:59
Actually it can really end up by the end
23:06
nearly 7% or even more.
23:15
we have chosen the right path and we are
23:19
achieving our goals. I'm very convinced
23:22
that we will achieve our goals within a
23:25
few years. I've given the target
23:29
four years self-sufficient in food and
23:32
we are experiencing that we can be
23:35
self-sufficient in food within this one
23:38
year and we will be in a few years a
23:43
neck exporter of rice and corn
23:49
also. Now I formed a sovereign wealth
23:57
which we call Danantara which means the
24:00
future energy of Indonesia.
24:04
So this fund we make to protect the
24:08
wealth of our children and
24:14
The fund now has $1,000 billion US of
24:19
asset under management
24:21
and this year we have cash to invest of
24:30
We are we want to work together with all
24:34
strategic partners. We do not ask for
24:38
assistance. We do not ask for handouts.
24:41
We want to be a real partner. We want to
24:45
achieve together real prosperity.
24:51
We are open for business. We invite
24:57
uh all groups from everywhere especially
25:00
Russian entities. Before I was elected,
25:06
I was a I was an entrepreneur and I have
25:10
good relations with uh Russian
25:16
Uh my brother has been active in this
25:20
area for many many years. I think more
25:22
than two decades. So we are we know
25:26
Russian corporations and we would like
25:31
participate more in our economy.
25:39
I have mentioned our foreign policy.
25:42
We have always been and we will continue
25:44
to be non-aligned. We thank
25:47
uh Russia for helping us uh and
25:56
uh the Indonesian Eurasian
26:00
Union uh SEPA comprehensive economic
26:04
partnership agreement and we have
26:07
completed also negotiations with other
26:12
also with the European Union SPAR
26:15
And we also request to join OECD
26:21
The world and the planet is getting
26:25
Uh we we we will work together with you
26:32
peaceful collaboration, peaceful
26:35
coexistence with all countries. We view
26:42
regret the escalation and increase of
26:47
conflict around the world, especially in
26:50
the Middle East. And we hope that all
26:55
parties can come to a peaceful
26:59
resolution as soon as possible.
27:03
I think uh distinguished guests
27:07
I've come to the end of my short uh
27:12
speech. I apologize if what I say is not
27:17
what is expected of me but what I say
27:21
comes from my heart. Thank you very
27:43
Thank you, President Subanto. And u I'm
27:46
not sure this is your first speech. It
27:48
doesn't look like actually. You did a
27:50
great job. Thank you so much.