Parmelin Visit Strengthens Indonesia–Swiss Trade, CEPA Momentum
Jakarta. Swiss Vice President Guy Parmelin visited Indonesia from Sept. 30 to Oct. 3, to strengthen economic cooperation between the two countries ahead of the 75th anniversary of diplomatic relations in 2026.
Bernardino M. Vega, Vice Chair for International Relations at the Indonesian Chamber of Commerce and Industry (Kadin), described Parmelin’s visit as a “new milestone” in the Indonesia – Switzerland partnership.
“This business forum strengthens the implementation of the Indonesia–EFTA Comprehensive Economic Partnership Agreement (CEPA) while complementing broader efforts to deepen bilateral trade and investment,” Bernardino said on Friday.
Both countries reaffirmed their commitment to expanding cooperation in key areas such as reducing trade barriers, green trade, renewable energy development, and circular economy practices. Other priorities included innovation, digital transformation, MSME collaboration, and human capital development.
“Indonesia and Switzerland are aligned in building an economic relationship grounded in sustainability, innovation, and shared prosperity,” Bernardino added.
For Switzerland, diversifying trade partners has become increasingly urgent. The country has faced higher tariffs from the United States in recent years, pushing Swiss businesses to look for new markets. Much like the European Union, Switzerland found smoother ground with Indonesia after the Trump-era tariff disputes accelerated momentum for the CEPA deal. Analysts note that this shift presents Indonesia with a rare opening to position itself as a strategic trade ally for Switzerland in Asia.
As part of Parmelin’s visit, Kadin Indonesia and the Swiss-Asian Chamber of Commerce (SACC) signed a Memorandum of Understanding (MoU) to expand business networks and strengthen bilateral economic ties. The program also featured the Annual Joint Economic and Trade Council (JETC) and the 4th Annual Meeting of the Swiss-Indonesian Trade and Sustainability Council, held in Jakarta on Tuesday.
Tags: Keywords:Related Articles
Kadin Warns Weak Rupiah is Squeezing Middle-Class Consumers
Indonesia’s middle class faces mounting pressure as the rupiah weakens past Rp 17,700 per dollar.Chamber of Commerce Says Rupiah at Rp 17,000 Is ‘Full Warning Alarm’
Indonesian businesses warn prolonged rupiah weakness could trigger layoffs as import and logistics costs continue rising.Iran-US Escalation Sends Freight Rates Soaring, Threatens Indonesia’s Trade
Iran-US tensions disrupt shipping lanes, tripling freight costs and raising risks for Indonesia’s trade, inflation and manufacturing sectorBusinesses See Downside to Indonesia’s WFH Plan to Tackle Oil Shock
Businesses warn Indonesia’s WFH plan to cut fuel use may curb consumption and slow growth as oil prices surge past $100 per barrel.The Latest
Dear Mr. President, Don’t Skip ASEAN Summits
Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.PLN Rushes Coal Supplies After Power Outages Hit Java
PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.Japan-Backed ADB Invests in Indonesia’s Human Capital
As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms
Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.World Cup 2026: Paraguay Holds Off Turkey With 10 Men to Keep Knockout Hopes Alive
Matias Galarza scored after 65 seconds as 10-man Paraguay beat Turkey 1-0, eliminating the Turks and securing first place for the US.Most Popular
