Gotrade News - Indonesia and Japan have signed 10 Memorandums of Understanding (MoUs) valued at USD23.1 billion or Rp392.7 trillion, marked during President Prabowo Subianto's official visit to Japan. This move highlights the importance of strategic cooperation amid global economic changes.
The MoUs aim to elevate the RI-Japan partnership to a higher level. It is expected to strengthen the bilateral economic ties that have existed for 68 years. Japan has been Indonesia's fourth-largest export destination with a value of USD17.61 billion.
Prabowo emphasized the importance of economic collaboration in confronting global dynamics. This collaboration is seen as the key to stability and long-term relations between the two nations. Japan is also a major investor in Indonesia, with an investment value of USD3.13 billion.
This partnership demonstrates the intent of both countries to modernize bilateral economic frameworks. The Indonesia-Japan Economic Partnership Agreement (IJEPA) is being revised to enhance market access and economic collaboration.
Japan's investment lines in Indonesia include the automotive, transportation equipment, chemical, and pharmaceutical sectors. Japan also plays a role in the development of strategic infrastructure such as transportation, ports, energy, and urban projects.
Prabowo stated that Japanese investment consistently brings quality, technology, and long-term commitment. Based on this, the strategic relationship is expected to continue to grow stronger.
The partnership is not just focused on traditional economic aspects. Other focuses include energy transition, green growth, industrial transformation, and downstream industries. This aims for a more adaptive, future-based collaboration.
Airlangga Hartarto revealed that the revision of IJEPA is expected to strengthen the foundations of cooperation, including expanding collaboration and modernizing the economy for mutual benefit.
With strong support from both countries, this collaboration affirms concrete steps towards a more modern and resilient partnership. This move is expected to be a robust foundation for future economic and strategic partnerships.
Reference:
- infobanknews, RI dan Jepang Sepakat Kerja Sama Rp392,7 Triliun, Dorong Kemitraan Strategis. Accessed on March 31, 2026
- Kompas, RI-Jepang Sepakati MoU Rp 392 T, Kuatkan Kemitraan Ekonomi Strategis. Accessed on March 31, 2026
- Bloomberg Technoz, RI Minta Jepang Percepat Pengembangan Blok Masela. Accessed on March 31, 2026
Featured Image: GPT Image 1.5
