Jakarta - The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) reaffirmed its commitment to strengthening Indonesia–European Union (EU) economic relations following the political agreement reached to conclude negotiations on the Comprehensive Economic Partnership Agreement (CEPA).

The commitment was conveyed by Bernardino M. Vega, Kadin Indonesia’s Vice Chairman for Foreign Relations—representing Kadin Chairman Anindya Novyan Bakrie—during a strategic discussion titled “Unlocking Opportunities: Indonesia–EU CEPA and the Future of Indonesian Exports to Europe” held at the Ministry of Foreign Affairs in Jakarta on Thursday (November 13, 2025).

Dino stated that the political agreement to finalize CEPA marks a significant milestone after years of extensive negotiations.

"This agreement reflects a shared commitment to building a more balanced, strategic, and forward-looking economic partnership," he said.

Dino emphasized that the European Union is one of the world’s largest markets, known for its high standards in sustainability, quality, and innovation. Indonesia, he added, has major opportunities to expand its exports to the region with competitive products ranging from footwear and furniture to biohazard industrial goods and minerals.

"Indonesia has the potential to become a reliable, sustainable, and high-quality supplier," Dino noted.

At the same event, Pahala Mansury, Kadin Indonesia’s Vice Chairman for Trade and International Agreements, stated that the completion of CEPA is not the end but the beginning of a more strategic economic alliance.

"The finalization of CEPA is not the finish line. It is the foundation for building a deeper and more strategic partnership," he said.

Pahala highlighted that bilateral trade in goods between Indonesia and the EU showed significant progress in 2024, with the EU now becoming Indonesia’s fifth-largest trading partner. He explained that CEPA offers substantial opportunities for Indonesian exporters.

"CEPA eliminates tariffs on more than 98% of EU products entering Indonesia and provides access for 91% of Indonesian exports to Europe," he noted.

Pahala added that Indonesia holds strong potential to supply Europe’s sustainable industries—ranging from nickel, palm oil, and coffee to renewable energy capabilities such as geothermal and hydroelectric power. According to him, Indonesia’s position in the global green supply chain can be strengthened through deeper collaboration with the EU.

"We must move from agreements to action," Pahala concluded.