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 Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen, China. This meeting aims to explore avenues for enhancing economic cooperation between Indonesia and China by expanding trade and investment ties.
The proposed CEPA reflects a mutual commitment from both nations to deepen their economic relationship, as Indonesian officials indicate that talks to initiate negotiations are already underway. This aligns with Indonesia’s broader strategy to strengthen its economic links with key global partners.
President Prabowo is scheduled to participate in the APEC Economic Leaders’ Meeting on November 19, where leaders from across the Asia-Pacific region will gather to discuss pressing economic issues. Additionally, on November 18, he will address the APEC CEO Summit, an event focused on fostering dialogue between government leaders and business executives. During his address, Prabowo is expected to emphasize the role of public-private partnerships in driving sustainable economic growth.
The discussions between Prabowo and Xi come at a time when both countries are seeking to bolster their economic resilience amid global uncertainties. The potential agreement could pave the way for increased collaboration in various sectors, further integrating the economies of Indonesia and China.