Indonesia and the European Union have recently achieved a significant milestone by finalizing the Comprehensive Economic Partnership Agreement (CEPA). This achievement was announced following a productive meeting between Indonesian President Prabowo Subianto and European Commission President Ursula von der Leyen in Brussels. President von der Leyen highlighted the vast economic opportunities that CEPA would unlock across various sectors, emphasizing the importance of responsible supply chains for critical raw materials essential for energy and digital transitions.
President Prabowo expressed his satisfaction with the agreement, emphasizing the alignment of economic interests between Indonesia and the EU. Both sides have made significant progress in accommodating each other’s economic priorities, recognizing the complementary and mutually beneficial nature of their interests. The strategic partnership between Indonesia and Europe, considering their respective strengths, is seen as a significant contribution to global economic and geopolitical stability.
The successful resolution of outstanding issues between the EU and Indonesia was praised by President Prabowo as a strategic breakthrough. President von der Leyen emphasized the economic benefits that this partnership would bring to both parties, promoting the importance of long-term partnerships based on trust, mutual respect, and shared values. The formal signing of the CEPA implementation agreement is eagerly anticipated, with hopes for it to take place in Brussels, marking a new chapter in the Indonesia-EU strategic partnership focused on job creation, investment, and economic growth.
