Indonesian President Prabowo Subianto and Chinese President Xi Jinping are set to discuss a potential Comprehensive Economic Partnership Agreement (CEPA) during their meeting at the upcoming APEC summit in Shenzhen, China. This proposed agreement aims to enhance economic cooperation and boost trade and investment between the two nations.
The discussions reflect both countries’ commitment to strengthening their economic ties. Indonesian officials have indicated that they are in the early stages of initiating negotiations for this partnership, which could significantly impact both economies by fostering closer collaboration.
President Prabowo is scheduled to participate in the APEC Economic Leaders’ Meeting on November 19. Prior to this, he will address the APEC CEO Summit on November 18, where he is expected to emphasize the role of public-private partnerships in achieving sustainable economic growth.
This engagement between Indonesia and China at the APEC summit comes amid a broader context of regional economic integration efforts. The potential CEPA would build on existing bilateral relationships and further align Indonesia and China’s economic objectives.