TEMPO.CO, Jakarta - Indonesian Minister of Investment and Industry, who also serves as the CEO of Danantara, Rosan Roeslani, announced that Indonesia has secured four new commercial agreements totaling US$3.5 billion, or approximately Rp62.38 trillion (at an exchange rate of Rp17,824 per US dollar), during President Prabowo Subianto's state visit to France.
Rosan noted that the four agreements were finalized alongside the launch of the France-Indonesia High-Level Business Council in Paris on Thursday, May 28, 2026. The inauguration took place in the presence of Prabowo and French President Emmanuel Macron.
Rosan stated that the signed partnerships center on energy resilience, trade, and defense. "The agreements reached demonstrate that Indonesia is regarded as a strategic partner with long-term growth prospects and an increasingly competitive investment climate," Rosan said, as quoted in a statement released by the Presidential Secretariat's Press, Media, and Information Bureau on Friday, May 29, 2026.
Rosan explained that the France-Indonesia High-Level Business Council is a business forum uniting 30 industry leaders and top-tier corporations from both nations.
According to him, the participating entities represent a combined market capitalization of US$1.3 trillion. The business council is co-led by the Chair of the France-Indonesia Business Council MEDEF International and CEO of Danone, Antoine de Saint-Affrique, alongside the Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie.
Rosan stated that this business council will oversee the implementation of various memorandums of understanding (MoUs) and investment commitments previously agreed upon. Among these are the outcomes of President Macron's state visit to Indonesia in May 2025, which yielded 27 MoUs valued at over US$11 billion.
"This forum will serve as a means to identify bottlenecks, accelerate the resolution of various hurdles, and ensure that investments perform optimally," he said.
Rosan conveyed that the Indonesia-France Business Council aims to triple the total trade volume between the two nations by 2035. He expressed confidence that the economic ties between Indonesia and France will strengthen further in the coming years.
"Collaboration between government and business is key to generating sustainable growth, opening up job opportunities, and reinforcing the competitiveness of both nations amidst global economic dynamics," Rosan said.
Read: Prabowo Returns to Jakarta After France Visit
Click here to get the latest news updates from Tempo on Google News
Prabowo Returns to Jakarta After France Visit
10 jam lalu
President Prabowo returned to Jakarta after completing his state visit to Paris, France, on May 27-29, 2026.
Today's Top 3 News: Macron Highlights Strong France-Indonesia Ties
15 jam lalu
Here is the list of the top 3 news on Tempo English today.
Prabowo Heads to Austria and Hungary After France Visit
15 jam lalu
Gerindra Party says Prabowo is pursuing proactive diplomacy through independent, active visits to various countries.
Prabowo, Macron Talk Defense, IEU-CEPA Deal in Paris Meeting
22 jam lalu
Indonesia and France's relationship, according to Prabowo, is currently at its best.
Macron: Rafale Jet Arrival Highlights Strong France-Indonesia Ties
23 jam lalu
President Macron of France considers Indonesia to be a crucial strategic partner for France in the Indo-Pacific region.
Prabowo Welcomes France-Indonesia High Level Business Council
1 hari lalu
President Prabowo Subianto welcomed the establishment of the France-Indonesia High Level Business Council as a strategic step to strengthen economic a
Prabowo: Indonesian Schools Should Teach French at All Levels
1 hari lalu
President Prabowo said Indonesia will expand French language teaching across all school levels to strengthen educational cooperation with France.
Prabowo: Indonesia, France Back Palestinian Two-State Solution
1 hari lalu
Prabowo also said Indonesia and France could play a positive role amid growing global uncertainty and ongoing conflicts.
France's Macron Calls Indonesia an Important Indo-Pacific Partner
1 hari lalu
Macron also pointed to the importance of expanding economic cooperation, trade, and investment between Indonesia, France, and the European Union.
Prabowo Arrives at France's Elysee Palace
1 hari lalu
President Prabowo is seen arriving in a white Mercedes-Maybach S-Class and being welcomed by the Prime Minister of France, Sbastien Lecornu.
