This policy brief, produced by Kontika (2026), examines Indonesia’s strategic advances in economic diplomacy through Comprehensive Economic Partnership Agreements (CEPAs). It highlights 2025 as a watershed year in which Indonesia concluded the IEU-CEPA with the European Union after 19 rounds of negotiation, signed the ICA-CEPA with Canada, and finalized a trade agreement with the Eurasian Economic Union — adding to existing CEPAs with Australia, EFTA, and South Korea. Using a MARKET ACCESS–INVESTMENT–SUSTAINABILITY framework, the brief documents measurable impacts, including IA-CEPA nearly tripling bilateral trade to USD 35.38 billion and IK-CEPA attracting Hyundai’s USD 1.5 billion EV investment. Four policy pillars are recommended: maximizing tariff preference utilization, strengthening investment attractiveness in priority sectors (EVs, pharmaceuticals, semiconductors), aligning with sustainability standards, and building institutional capacity for monitoring and upcoming negotiations including CPTPP accession — structured across a three-phase roadmap through 2030.
PT Kontika Global Inovasi · Menara Cakrawala, Jl. M.H. Thamrin Kav. 9, Jakarta Pusat
