President of Indonesia, Prabowo Subianto, and President of the European Commission, Ursula von der Leyen, have officially announced a breakthrough in the Comprehensive Economic Partnership Agreement (CEPA) negotiations between Indonesia and the European Union. This agreement comes after ten years of discussions. During a joint press conference in Brussels, President Prabowo stated that a significant understanding had been reached, emphasizing the mutual benefit and constructive nature of the agreement. The partnership is seen as strategically important amidst global uncertainties, with both parties recognizing the complementary nature of their economic interests. President von der Leyen commended Prabowo’s leadership in bringing the negotiations to a successful close, praising the agreement as a milestone in building a long-term partnership rooted in shared values. The conclusion of this decade-long negotiation is expected to bring tangible benefits to both Indonesia and the EU economies.
