Wahyu Dwi Anggoro
According to Umar Hadi, if CEPA is enacted, the volume of trade between the two countries could increase threefold.
Peru is one of the most important trading partners for Indonesia in the Latin American region. In 2023, the total two-way trade between Indonesia and Peru reached USD444 million.
The first CEPA negotiations between Indonesia and Peru were held on 27-30 May 2024 in Lima. In this first round, negotiators from both countries focused on the goods sector, including market access, customs and trade facilitation, and efforts to overcome technical barriers to trade in goods.
In addition to discussing CEPA, in the bilateral meeting, the two countries also discussed other strategic issues in the bilateral context such as inter-parliamentary cooperation, defence, economic development to palm oil and anti-drug and education. (Wahyu Dwi Anggoro)
