As part of the negotiation progress on the Comprehensive Economic Partnership Agreement between Indonesia and the European Union or also known as the IEU-CEPA negotiation, the Delegation of the European Union (EU) to Indonesia conducted a virtual working visit to Central Java on March 9, 2021 to discuss further bilateral trade and investment opportunities with stakeholders in the province.
The EU Ambassador to Indonesia Mr. Vincent Piket said, “The EU is very supportive of Indonesia in its efforts to increase trade and investment, especially in Central Java. The province has untapped potential for greater trade and investment with Europe. The IEU-CEPA, currently being negotiated, will increase trade and investments, contributing to job creation and economic development in Indonesia.”
During the virtual working visit, the EU Delegation, in cooperation with the Central Java Provincial Government and the Chamber of Commerce and Industry (KADIN) Central Java, organised a panel discussion on the benefits of the CEPA. The panel presented Marika Jakas, Head of Trade and Economic Section at the EU Delegation to Indonesia; Ni Made Ayu Marthini, Director Bilateral/Negotiation, Ministry of Trade; Wahyuni Bahar, Chairman of the Standing Committee for Multilateral Institutions and Free Trade Agreements, KADIN Indonesia; and Wichard von Harrach, Vice Chairman of the European Chamber of Commerce in Indonesia (EuroCham).
The EU continues to enhance its relations and cooperation with the Indonesian government. Previously, the business event to Maluku had taken place at the end of 2020 and after Central Java, the EU Delegation will visit the provincial governments of South Sumatra and East Kalimantan.
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