Partnership Agreement to be Sealed This Year

Kompas/Wisnu Widiantoro

President Joko Widodo and Chilean Presiden Cili Michele Blachete hold a meeting at the Merdeka Palace in Jakarta on Friday (12/5). In the bilateral meeting, two agreements were reached on diplomacy and trade.

JAKARTA, KOMPAS – The Indonesian and Chilean governments have agreed to complete their Comprehensive Economic Partnership Agreement (CEPA) this year. It is hoped that the agreement will wrap up the process of negotiation, which began back in 2013, and open up opportunities for Indonesian products to expand their export market, especially to nontraditional markets.

The agreement was one of President Joko "Jokowi" Widodo’s points of discussion when he welcomed the state visit of Chilean President Veronica Michelle Bachelet Jeria on Friday May 12, at Merdeka Palace, Jakarta. “We hope that the matter of CEPA negotiation, especially that related to trade in goods, can be finished this year. The visit gives momentum just as Indonesia is trying to raise investment from nontraditional partners and Chile is one of the priorities,” said President Jokowi in an address with President Michelle Bachelet on Friday.