Jakarta - President Prabowo Subianto and President of the Federal Republic of Germany Frank-Walter Steinmeier agreed to strengthen economic relations between the two countries through increased trade and mutually beneficial investment.
This was revealed in a bilateral meeting held at the Merdeka Palace, Jakarta, Monday, June 15. President Prabowo emphasized Indonesia's and Germany's commitment to continue to expand economic cooperation in various strategic sectors.
President Prabowo also emphasized the importance of relations between Indonesia and Europe. According to him, the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) negotiations will provide great benefits for businesses in both regions.
In addition to through trade cooperation, the relationship between Indonesia and Germany is also strengthened through the Competitiveness Industrial Modernization and Trade Acceleration Program (CITA) which aims to increase industrial competitiveness and accelerate trade.
President Prabowo also invited German investors to expand their investments in Indonesia, especially in priority sectors that are being developed by the government.
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