Prabowo's France Visit Yields Four New Agreements - BCA Securities

Secretary to the Cabinet Teddy Indra Wijaya stated that President Prabowo Subianto’s official state visit to France on Thursday, 28 May, yielded four new commercial agreements focused on energy security, trade, and defence cooperation.

Teddy, confirmed in Jakarta on Friday, said the achievements were concrete results from President Prabowo’s meeting with French President Emmanuel Macron at the Élysée Palace in Paris.

‘During the state visit, four new commercial agreements were secured in the sectors of energy security, trade, and defence cooperation,’ Teddy said.

He explained that both leaders attended the launch of the France-Indonesia High Level Business Council, initiated by Indonesia’s Chamber of Commerce and Industry (Kadin) and MEDEF International.

The forum brought together 30 industry leaders and companies from both nations, with a combined market capitalisation of $1.3 trillion.

Teddy added that the forum aims to strengthen business and investment ties between the two countries and oversee the implementation of previous memorandums of understanding.

During President Macron’s state visit to Indonesia in May 2025, 27 memorandums of understanding were signed worth over $11 billion.

Teddy noted that President Prabowo’s state visit received formal welcomes from the French government, including a ceremony at Les Invalides in Paris and a reception by French Prime Minister Sébastien Lecornu.

President Prabowo then proceeded to the Élysée Palace under an honour guard of 146 mounted cavalry troops and 27 motorised personnel before being received by President Macron and First Lady Brigitte Macron.

According to Teddy, the dignified state ceremonies reflected the strong bilateral relationship between the two nations.

‘Honouring the President is an honour for the Indonesian nation and people,’ he added.