A significant political agreement has been reached between the European Union and Indonesia regarding a Comprehensive Economic Partnership Agreement (CEPA), as announced jointly by European Commission President Ursula von der Leyen and Indonesian President Prabowo Subianto following a meeting in Brussels.
This agreement marks a crucial step towards finalizing the CEPA, with Commission Vice-President Maros Sefcovic and Indonesian Coordinating Minister Airlangga Hartarto slated to complete the process by September 2025. The EU Commission highlighted the shared commitment to openness, partnership and mutual prosperity between Europe and Indonesia.
The anticipated agreement is expected to unlock new markets and create enhanced opportunities for businesses on both sides. Furthermore, it’s projected to contribute to strengthening supply chains for critical raw materials vital to Europe’s clean technology and steel industries.
Beyond trade, Von der Leyen and Prabowo reaffirmed their commitment to a broader bilateral partnership. The European Commission adopted a decision to implement a visa facilitation process for Indonesian citizens, simplifying access to multiple-entry visas. Both parties also emphasized their support for a rules-based international order, reinforced collaboration with the United Nations and continued efforts towards peace and stability in both Ukraine and the Middle East.