Prabowo and Macron Launch Indonesia-France Business Council, Securing Rp62 Trillion in Deals
President Prabowo Subianto and French President Emmanuel Macron officially launched the France–Indonesia High Level Business Council during a state visit in Paris. The strategic forum immediately yielded four new commercial agreements worth US$3.5 billion, or approximately Rp62.3 trillion.
The establishment of the business council was a key economic agenda during President Prabowo’s visit to France. The forum is designed as a collaborative platform between the governments and businesses of both nations to strengthen economic ties, trade, investment, and long-term strategic cooperation.
Investment and Downstreaming Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, stated that the business council is expected to drive the implementation of various cooperation projects agreed upon by Indonesia and France.
“The forum is not only a dialogue platform for businesses but also a driver for promoting investment, trade, and strategic cooperation that delivers tangible benefits for both nations,” Roeslani said in a statement.
The high-level business forum brought together around 30 leading company executives and industry representatives from both Indonesia and France. The combined market capitalisation of the participating companies reached approximately US$1.3 trillion.
The business council is co-chaired by Danone CEO and MEDEF International France–Indonesia Business Council Chair Antoine de Saint-Affrique, and the Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie.
One concrete outcome of the forum’s launch was the signing of four new commercial agreements valued at US$3.5 billion. The collaborations span energy, trade, and defence sectors, deemed strategic for both nations.
According to Roeslani, these achievements reflect growing French business confidence in Indonesia as a promising investment destination.
“The agreements demonstrate that Indonesia is viewed as a strategic partner with long-term growth prospects and an increasingly competitive investment climate,” he added.
In addition to promoting new investments, the business council will oversee the implementation of previously agreed cooperation commitments.
Roeslani noted that during President Macron’s visit to Indonesia in May 2025, the two nations signed 27 memoranda of understanding (MoUs) worth over US$11 billion.
Therefore, the business council’s role is crucial in ensuring all commitments are optimally realised.
“The forum will serve as a platform to identify obstacles, expedite the resolution of challenges, and ensure investments proceed as planned,” he added.
Looking ahead, the Indonesia-France Business Council aims to triple bilateral trade by 2035. The Indonesian and French governments, alongside Kadin Indonesia and MEDEF International, have pledged to expand cooperation across other strategic sectors.
Roeslani is optimistic that closer collaboration between the governments and businesses of both nations will foster sustainable economic growth, create new jobs, and enhance Indonesia and France’s competitiveness amid global economic challenges.
The launch of the Indonesia-France Business Council marked a key achievement during President Prabowo’s state visit to Paris. In addition to attending the economic forum, President Prabowo held bilateral talks with President Macron to discuss strengthening strategic cooperation in defence, education, energy, investment, and other global issues.