President of Indonesia, Prabowo Subianto, announced the successful conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations with the European Union in Brussels. This agreement marks a significant milestone in providing broader access for Indonesian products and commodities in the EU market after a decade of sometimes challenging negotiations. The CEPA represents a free trade agreement between Indonesia and the EU, with President Prabowo confirming that all previous trade disagreements have been resolved. The partnership is viewed as mutually beneficial, with the EU bringing expertise in science, technology, and finance, while Indonesia offers critical resources and agricultural commodities. President Prabowo expressed his appreciation for the EU’s commitment to global peace and stability, emphasizing the importance of deeper cooperation in today’s multipolar world. The CEPA agreement is expected to pave the way for enhanced economic, trade, and investment collaboration between Indonesia and the EU, marking a strategic phase in bilateral relations.
Prabowo’s CEPA Finalization Paves Way for Indonesian Products in EU
