Indonesia and the European Union have made significant progress towards finalizing the Comprehensive Economic Partnership Agreement (CEPA). This milestone was achieved after a meeting between Indonesian President Prabowo Subianto and European Commission President Ursula von der Leyen in Brussels. Von der Leyen emphasized that the CEPA would open up new economic opportunities in various sectors and strengthen supply chains for critical raw materials essential for energy and digital transitions. The agreement focuses on responsible supply, prioritizing environmental protection, local communities, job creation, and added value. President Prabowo welcomed the agreement, highlighting the alignment of economic interests between Indonesia and the EU. He stressed the importance of strategic partnerships, considering the global uncertainties. Both leaders expressed optimism about the economic benefits and stability that this partnership can bring. The CEPA agreement signifies a new phase in the Indonesia–EU strategic partnership, promoting job creation, investment, and mutual economic growth.
Prabowo Seals CEPA Deal with EU: Boosting New Jobs in Indonesia
