Indonesian President Prabowo Subianto and Chinese President Xi Jinping are poised to explore the potential for a Comprehensive Economic Partnership Agreement (CEPA) between their countries at the upcoming APEC summit in Shenzhen, China. This anticipated discussion underscores a mutual interest in enhancing economic collaboration and boosting trade and investment ties.
The proposed CEPA is intended to solidify the economic relationship between Indonesia and China, reflecting both nations’ commitment to expanding their partnership. Indonesian officials have indicated that preliminary discussions are underway to set the stage for formal negotiations, highlighting the strategic importance both countries place on their economic cooperation.
President Prabowo will participate in the APEC Economic Leaders’ Meeting on November 19, where he is also scheduled to address the APEC CEO Summit on November 18. During his address, he is expected to emphasize the role of public-private partnerships as a catalyst for sustainable economic growth, aligning with the broader theme of fostering economic resilience and development across the Asia-Pacific region.
This meeting between the leaders of Indonesia and China is taking place in the context of the larger APEC summit, which gathers economic leaders to discuss pressing issues and opportunities for economic integration and development in the Asia-Pacific. The potential agreement between Indonesia and China could serve as a significant milestone in regional economic cooperation.