These two treaties would go a long way to counter the menace of terrorism.

These two treaties were signed by the Indian external affairs minister, SM Krishna and the Indonesian minister of foreign affairs, Dr Marty Natalegawa in the presence of the Indian Prime Minister, Dr Manmohan Singh and the visiting Indonesian President, H Susilo Bambang after the delegation level talks between the two countries.

The two leaders unequivocally condemned terrorism in all its forms and manifestations and resolved to significantly enhance bilateral cooperation in combating terrorism, improve sharing of intelligence, develop more effective counter terrorism policies, enhance liaison between law enforcement agencies, provide assistance in the areas of border and immigration control to stem the flow of terrorist related material, money and people and specific measures against transnational crimes, including international terrorism through the already existing mechanism. The two leaders desired that the next meeting of the Joint Working Group on Counter-Terrorism should be held in the first half of 2011.

During the last visit of President Yudhoyono in November 2005, the relationship between the two countries was elevated to the level of new strategic partnership. In June 2007, during the India-Indonesia Joint Commission Meeting at Jakarta, the Foreign Ministers of the two countries concluded an Action Plan to infuse the partnership with greater content and vigour. A bilateral defence cooperation agreement was signed between the two countries in June 2001. The last meeting of the Joint defence Cooperation Committee at Defence Secretary level was held in New Delhi in June 2010.

India shares maritime boundary with Indonesia. Both India and Indonesia are members of the 18-nation Indian Ocean Rim – Association for Regional Cooperation (IOR-ARC). In the light of maritime security India has very intensive cooperation with Indonesia in the field of naval patrolling, bilateral exercises both with the Navy and also Coastguards. The Indian Ocean Naval Symposium (IONS) initiative launched by Indian Navy has provided forward looking framework for constructive engagements among the navies of the region.

The entry point to Straits of Malacca is of crucial importance to worldwide shipping and more than 50,000 vessels transit through this route in a year. This point not only controls access to northern Bay of Bengal but also further to Pacific Ocean. Under the regional security cooperation and dialogue forum - ASEAN Regional Forum (ARF) - India has contributed to the discussions on maritime security. ARF has 27 member countries which includes 10 ASEAN members including Indonesia, 10 ASEAN Dialogue Partners including India plus seven other countries.

Apart from the extradition treaty and mutual legal assistance treaty, eight MoUs and one agreement was signed on Tuesday. The sole agreement signed between the two countries was on improving the air services. In a business summit held later in the day India’s leading developer, GVK Power and Infrastructure Ltd signed two MoUs with the Indonesian government agencies to develop Greenfield international airports in North Bali and Yogyakarta in Java.

As India shares maritime boundary with Indonesia, a protocol for extension of the MoU on cooperation in marine and fisheries was signed between the two countries. MoUs were signed for cooperation in all levels of education, for setting up of a urea manufacturing plant in Indonesia, for cooperation in oil and gas sector, for setting up of Biennial Trade Ministers’ Forum, on cooperation in micro, small and medium enterprises sector and on cooperation in science and technology. A MoU was also signed between the Press Council of India and Press Council of Indonesia.

The MoUs for setting up of a urea manufacturing plant in Indonesia and for cooperation in oil and gas sector is relevant given the rich deposits of natural resources in that country. The Indian Prime Minister and the Indonesian President announced the establishment of an Energy Forum co-chaired by the Minister of Energy and Mineral Resources of Indonesia and the Minister of Coal of India, supported by expert forums in the respective countries to accelerate the implementation of programs of mutual interest.

The Indian Prime Minister and the Indonesian President in a joint statement agreed to have summit level meetings on the sidelines of multilateral events. Two sides agreed to promote regular exchanges at the Cabinet level, inter alia, between ministers of almost ministeries of the government. Both sides recognized the importance of the biennial Joint Commission Meetings (JCM) at the level of the Foreign Ministers, and agreed that the next JCM should be held in the first half of 2011.

With a view to developing a 'Vision Statement 2025' for the Indonesia-India Strategic Partnership, the President of Indonesia and the Prime Minister of India announced the establishment of an Eminent Persons’ Group (EPG). The deliberations of the EPG would guide the future progress and prepare a blue-print of Indonesia-India relations over the next 15 years.

Indonesia and India agreed to cooperate in the fields of meteorology, climatology, including climate variability and change, geophysics and Early Warning of Coastal Hazards as well as related issues through the science and technology development and application and efficient management in creating disaster risk management community effectively and in a timely manner.

The two leaders reiterated that as major countries deliberating the great issues of our time - the reform of the United Nations, tackling the global economic and financial crisis and working together on global issues like climate change, Indonesia and India can and must work together effectively in fora like the UN, UNFCC, WMO, WTO and the G-20 to make a difference and to help achieve consensus on these important issues.

Both the countries agreed for cultural exchanges and promotion of tourism. The Prime Minister of India announced the establishment of a Consulate General of India in the Province of Bali which was warmly welcomed by the President of Indonesia. The establishment of the Consulate will reinforce the strong cultural links between Indonesia and India.

The India-Indonesia bilateral trade has already crossed the target of $10 billion for 2010 being at $12.5 billion. The two leaders agreed to set the target of $25 billion for the year 2015. They were pleased to announce the commencement of negotiations on Indonesia-India Comprehensive Economic Cooperation Agreement building upon what has already been achieved under the India-ASEAN FTA.

In a business summit hosted jointly by three apex Indian industry bodies, 18 MoUs were signed by Indian companies and business entities. The Indian commerce and industry minister, Anand Sharma speaking on the occasion said India will now become the second largest investor in Indonesia with beyond $20 billon. He said that by March, this year the first India-ASEAN Business Summit will be held. The Indonesian President urged that both the countries jointly work for food and energy security.