At 2026 Indonesia-US Business Forum, President Prabowo Declares Indonesia's Economic Fundamentals Strong
President Prabowo Subianto attended the US-Indonesia Business Summit 2026 as part of his working visit to the United States, organised by the U.S. Chamber of Commerce (USCC), the US-ASEAN Business Council (USABC) and the U.S.-Indonesia Society (USINDO) in Washington DC on Wednesday, 18 February 2026.
At the meeting, President Prabowo was accompanied by Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of Investment and Downstreaming/BKPM Rosan Roeslani, Minister of Energy and Mineral Resources Bahlil Lahadalia, Cabinet Secretary Teddy Indra Wijaya and Indonesia’s Ambassador to Washington DC. The meeting was held to demonstrate strong US private sector support for the Indonesian Government.
“This visit to America is to finalise the important Agreement on Reciprocal Trade (ART), which holds significant meaning for businesses, investors and supply chains across the Pacific. Indonesia and the US are choosing deeper economic cooperation, stronger market access and greater certainty for business,” President Prabowo stated in an official release on Thursday, 19 February 2026.
President Prabowo’s visit to the United States is in connection with The Inaugural Meeting of the Board of Peace (BOP) as well as the finalisation and signing of the Agreement on Reciprocal Trade (ART).
“As President, my responsibility is very clear. I must ensure stability, predictability and execution. Without these, confidence weakens, and with them, investment follows. Indonesia’s economic fundamentals are strong,” President Prabowo declared before the leaders of USCC, USABC and USINDO as well as US companies operating in Indonesia, including Freeport McMoRan, ExxonMobil, PepsiCo, Cargill and Caterpillar, among others.
On the occasion, Coordinating Minister Airlangga conveyed that the United States is Indonesia’s principal strategic partner in trade and investment. The forum serves as an important moment to deepen private sector collaboration between the two countries, particularly in the fields of digital innovation, artificial intelligence (AI), semiconductors, critical minerals, supply chain resilience and energy transition.
Furthermore, Coordinating Minister Airlangga affirmed that Indonesia and the United States have completed negotiations on the Agreement on Reciprocal Trade (ART) and are currently preparing for its signing and implementation phase.
The agreement reflects both nations’ commitment to strengthening market access, simplifying trade barriers, enhancing business certainty and opening broader and more sustainable investment opportunities.
“The completion of ART is an important milestone achieved through intensive and constructive negotiations between both countries. This agreement demonstrates Indonesia’s seriousness in creating an increasingly open, transparent and investment-friendly business environment,” said Coordinating Minister Airlangga.