Indonesia and the European Union have taken a significant step in finalizing the Comprehensive Economic Partnership Agreement (CEPA). The announcement came after a meeting between Indonesian President Prabowo Subianto and European Commission President Ursula von der Leyen in Brussels. Von der Leyen mentioned that the agreement would open up economic opportunities in various sectors and ensure responsible supply chains for essential raw materials. She highlighted the importance of prioritizing environmental and social responsibility in economic partnerships.
President Prabowo welcomed the agreement as a milestone in Indonesia-EU economic relations, emphasizing the alignment of economic interests between both parties. He stressed the significance of a strategic partnership between Indonesia and Europe, citing the potential for contributing to global economic stability. Prabowo expressed satisfaction with the resolved issues and highlighted the progress made by ministers and commissioners in achieving a strategic breakthrough.
Von der Leyen emphasized the economic benefits of the partnership, emphasizing the importance of trust, mutual respect, transparency, and shared values. Prabowo expressed hope for the formal signing of the CEPA implementation agreement, suggesting that Brussels would be the ideal location for the ceremony. The CEPA agreement signifies a new phase in Indonesia-EU strategic partnership, focusing on job creation, investment, and mutual economic growth.
