Key Facts
• July 13, 2025: EU and Indonesia reached a political agreement on CEPA.
• EU Commission President Ursula von der Leyen announced the agreement in Brussels.
• CEPA aims to create opportunities in AI, automotive, and other key industries.
• Von der Leyen emphasized untapped trade potential and new market openings.
• Indonesian President Prabowo highlighted Europe as a vital trade partner.
• Prabowo expressed hopes for increased European presence and engagement in Indonesia.
Summary
The European Union (EU) and Indonesia have reached a political agreement to finalize a Comprehensive Economic Partnership Agreement (CEPA), as announced by EU Commission President Ursula von der Leyen on July 13, 2025. The agreement is expected to unlock opportunities in key industries such as artificial intelligence and automotive, addressing untapped trade potential between the two regions. Indonesian President Prabowo emphasized the importance of Europe as a trade partner and expressed hopes for greater European involvement in Indonesia. This marks a significant step toward strengthening EU-Indonesia economic ties.
