Indonesia and the European Union have taken a significant step forward in finalizing the Comprehensive Economic Partnership Agreement (CEPA), as announced after a meeting between Indonesian President Prabowo Subianto and European Commission President Ursula von der Leyen in Brussels. President von der Leyen highlighted the potential of CEPA to enhance economic opportunities in various sectors and strengthen supply chains for essential raw materials crucial for energy and digital transitions. She emphasized the EU’s commitment to environmentally and socially responsible economic partnerships. President Prabowo welcomed the agreement, noting the alignment of economic interests between Indonesia and the EU. He emphasized the importance of a strategic partnership between Indonesia and Europe, highlighting the potential for contributing to global economic stability. Both leaders expressed optimism about the economic benefits that the partnership would bring, with Prabowo hoping for a formal signing ceremony in Brussels. The CEPA agreement signifies a new phase in the Indonesia-EU strategic partnership, focusing on job creation, investment, and mutual economic growth.
