Inp.polri.go.id - Jakarta. Minister of Foreign Affairs Sugiono emphasized the importance of finalizing the Indonesia-Chile Comprehensive Economic Partnership Agreement (IC-CEPA) during a meeting with Chilean Ambassador Mario Ignacio Artaza at the Ministry of Foreign Affairs.

According to a statement of the Foreign Ministry on Wednesday (12/3/1015), both parties agreed that IC-CEPA is crucial for enhancing economic cooperation, particularly in investment. 

Minister Sugiono also highlighted Indonesia’s push for critical mineral downstreaming in line with President Prabowo Subianto’s vision to add value to domestic commodities, as reported by antaranews.com.

Ambassador Artaza welcomed these initiatives, reaffirming Indonesia’s strategic role for Chile in Asia. 

In 2023, Indonesia recorded a trade surplus of $139.2 million with Chile, with total bilateral trade reaching $485.9 million. Indonesia’s key exports to Chile include minerals, copper, chemicals, auto parts, electronics, food products, and palm oil.

(mg/inp/pr/nm)