The signing of the Indonesia European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) is believed by Foreign Minister Sugiono to contribute to improving Indonesia’s trade relationship with Croatia.
This was said by Foreign Minister Sugiono when receiving an official visit from the Minister of Foreign Affairs and European Affairs Croatia Gordan Grlic Radman at the Indonesian Ministry of Foreign Affairs, Jakarta, Monday.
The Foreign Minister said, with closer cooperation and signing of the IEU-CEPA, the two foreign ministers affirmed their commitment to increase the trade value of the two countries, which reached US$144.8 million by 2024. Both are optimistic that the trade value will double.
“The I-EU CEPA agreement will contribute to the expansion and diversification of Indonesia’s trade in Croatia, as well as open up opportunities for cooperation in the energy, digital economy and manufacturing sectors,” said Foreign Minister Sugiono, launching a statement from the Indonesian Ministry of Foreign Affairs, Monday, November 10.
In addition to trade, the two Foreign Ministers also discussed investment opportunities in the food sector, agricultural development, and industrial downstream as part of efforts to deepen economic cooperation.
The two Foreign Ministers also highlighted the importance of cooperation in education, social-culture, and employment. The two countries see great potential to strengthen collaboration between universities in the fields of science, technology, engineering, and mathematics (STEM). Indonesia also expressed its readiness to send skilled workers in the hospitality and construction sectors to Croatia.
In the context of the region and globally, Indonesia welcomes Croatia’s efforts to strengthen relations with ASEAN, among others, through Croatia’s planned access to the Treaty of Amity and Cooperation (TAC).
In addition, on this occasion the two Foreign Ministers also discussed cooperation in supporting global stability, security and peace including the situation in Palestine.
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