After a decade of negotiations, Indonesia and the European Union have officially reached a political agreement to conclude the Comprehensive Economic Partnership Agreement (CEPA). This breakthrough allows Indonesian products to access broader markets across Europe. During a joint press conference in Brussels, Indonesian President Prabowo Subianto, together with European Commission President Ursula von der Leyen, celebrated this significant achievement in the midst of global uncertainty. Prabowo emphasized the importance of the agreement as a critical step towards a free trade agreement that aligns both parties’ economic interests. Von der Leyen praised Prabowo’s leadership in finalizing the negotiations and described CEPA as an ambitious and timely trade agreement that recognizes the economic potential of both Indonesia and the EU. The agreement will expand market access for Indonesian products in various sectors like agriculture, automotive, services, and critical raw materials, emphasizing socially and environmentally responsible supply chains. With a combined market of 730 million people, CEPA is expected to transform trade relations between Indonesia and the EU, symbolizing a long-term commitment between the two partners. Prabowo expressed hopes that the implementation signing of CEPA could take place again in Brussels, highlighting the importance of the partnership between the two regions.
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Prabowo Concludes EU CEPA Talks: Indonesian Products Entrance to European Market
Prabowo Concludes EU CEPA Talks: Indonesian Products Entrance to European Market
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