andriajah Fri Jun 2022 1 year ago

Russian-Ukrainian Invasion, Indonesia Affected: Exports of Non-Oil and Gas Commodities Soar!

KOMPAS.TV - For months, Russia launched an invasion of Ukraine, killing thousands of people.

Not to mention damage to infrastructure and other economic impacts.

Indonesia as President of the G20 took initiative steps to encourage peace between Russia and Ukraine.

President Jokowi will meet Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky after attending the G7 Summit in Germany later this month.

Russia's invasion of Ukraine began on February 24 2022, meaning today is exactly 120 days since the invasion was launched by Russia.

Also read: Covid-19 Update as of June 23 2022: Continuously Experiencing a Surge, Now Reaching 12 Thousand! at

The impact of the invasion was not only felt by Ukraine and Russia but also Indonesia.

Both countries play a major role in exporting non-oil and gas commodities in the form of coal and CPO.

Automatically, the invasion caused the price of non-oil and gas commodity exports to soar.

Indonesia's inflation trend in February was 2.06%, up from 2.64% in March, then 3.47% in April and 3.55% in May.

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