At the upcoming APEC summit in Shenzhen, China, Indonesian President Prabowo Subianto and Chinese President Xi Jinping are set to discuss the prospects of a Comprehensive Economic Partnership Agreement (CEPA) between their nations. This proposed agreement aims to bolster economic cooperation and enhance trade and investment ties, underscoring the commitment of both countries to deepen their economic relationship.

Indonesian officials have indicated that discussions to initiate negotiations for the CEPA are underway, highlighting the strategic importance both countries place on strengthening economic partnerships. The bilateral meeting between the two leaders is expected to focus on laying the groundwork for this comprehensive partnership.

President Prabowo is scheduled to participate in the APEC Economic Leaders’ Meeting on November 19, following his address at the APEC CEO Summit on November 18. During his address, he is anticipated to emphasize the crucial role of public-private partnerships in fostering sustainable economic growth, which aligns with the broader themes of collaboration and development at the summit.

The discussions at the APEC summit will not only help solidify economic ties between Indonesia and China but also reflect a broader regional effort to enhance economic integration and cooperation. As both nations seek to capitalize on mutual economic opportunities, the proposed CEPA could play a significant role in shaping the future of their economic engagement.