ANKARA, thepresidentpost.com – One of the results of President Jokowi’s state visit to Turkey is the Indonesian-Turkey Comprehensive Economic Partnership Agreement (IT CEPA). This agreement is expected to boost the export of Indonesian commodities to Turkey.
The signing of memorandum of understanding (MoU) of the IT CEPA was held at the Turkish Presidential Palace, Ankara, on Thursday afternoon local time (7/6). Trade Minister Enggartiasto Lukita signed the agreement with the relevant minister from Turkey.
The signing of the agreement was witnessed by President Jokowi and Turkish President Recep Tayyip Erdogan. Jokowi expressed his enthusiasm after the signing of the MoU.
“I welcome the signing of two cooperation documents between the Indonesian and Turkish governments in the field of health and the launch of the Indonesia-Turkey Comprehensive Economic Partnership Agreement,” said Jokowi.
Erdogan is also said that he was pleased with the launch of the IT CEPA. According to him this could further increase the value of trade between Turkey and Indonesia.
“We have a target of US$10 billion (about Rp133 trillion) in trade. We must work closely again using the existing framework. Our decision today to launch the CEPA between Turkey and Indonesia is a strategic in the economic cooperation,” said Erdogan.
The trade value between RI and Turkey has been declining in the last few years. Trade Minister Enggartiasto Lukita said that he believed IT CEPA will improve it. (DTK/TPP)