A significant political agreement has been reached between the European Union and Indonesia regarding a Comprehensive Economic Partnership Agreement (CEPA), according to announcements made Sunday following a meeting in Brussels. European Commission President Ursula von der Leyen and Indonesian President Prabowo Subianto jointly confirmed the advancement.
The agreement marks a critical milestone toward the finalization of the CEPA, anticipated to be completed by September 2025 under the leadership of Commission Vice-President Maroš Šefčovič and Coordinating Minister Airlangga Hartarto. Von der Leyen emphasized that the accord represents a commitment from both Europe and Indonesia toward openness, partnership and shared prosperity.
The forthcoming CEPA is expected to unlock new markets and create expanded opportunities for businesses on both sides. A key objective is to bolster supply chains for essential raw materials vital to Europe’s clean technology and steel industries.
Beyond trade, the leaders reaffirmed a broader vision for a comprehensive bilateral partnership. The European Commission adopted a decision to implement a visa waiver cascade for Indonesian citizens, facilitating access to multiple-entry visas. Both parties reiterated their shared support for a rules-based international order, enhanced cooperation with the United Nations and ongoing efforts to promote peace in Ukraine and the Middle East.
