President of the Republic of Indonesia, Prabowo Subianto, and President of the European Commission, Ursula von der Leyen, recently announced a significant breakthrough in the Comprehensive Economic Partnership Agreement (CEPA) negotiations between Indonesia and the European Union. Following ten years of discussions, both leaders declared a vital understanding at a joint press conference in Brussels. President Prabowo highlighted the completion of the agreement towards a Comprehensive Economic Partnership, emphasizing the mutual benefits and successful accommodation of economic interests. He acknowledged the strategic importance of the partnership amid global uncertainty, noting the potential for economic and geopolitical stability. President von der Leyen commended Prabowo’s leadership in bringing the negotiations to a close, expressing enthusiasm for the ambitious free trade agreement. The conclusion of this decade-long negotiation signifies a major milestone in Indonesia-EU relations and is expected to bring tangible benefits to both economies.
Prabowo Breaks Deadlock: Indonesia-EU Seal 10-Year CEPA Deal
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