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Pakistan, Indonesia Set 2027 Target to Upgrade PTA to CEPA

Jakarta’s investment chief used an Islamabad visit to back deeper trade through a CEPA push.

Overview

  • Prime Minister Shehbaz Sharif and Minister Rosan Roeslani agreed to accelerate work toward converting the PTA into a CEPA by 2027.
  • Roeslani conveyed President Prabowo Subianto’s support and affirmed Indonesia’s commitment to expanding bilateral economic ties.
  • Talks included Pakistan’s interest in Indonesia’s sovereign wealth fund model, with Roeslani also serving as CEO of Danantara.
  • Pakistan’s Finance Ministry, SIFC and BOI presented facilitation measures and downstream investment opportunities to the visiting delegation.
  • The BOI highlighted Special Economic Zones, more than 6,000 acres available for projects and reforms under the Asaan Karobar Act, while noting that CEPA and fund cooperation remain under negotiation.