“The retired army general did not come home empty-handed. Indonesia and France had launched a ‘high-level business council’, comprising economic powerhouses from both nations and boasting a combined market cap of $1.3 trillion, as Paris called on Jakarta to avoid being economically dependent on major powers.”
“Investment Minister Rosan Roeslani revealed that the council saw the signing of four commercial agreements valued at $3.5 billion. These deals covered energy security, trade, and defense, although the government did not disclose the specifics, including which companies were involved.”
“Beyond investments, the council has set its sights on a threefold increase to bilateral trade by 2035. Annual export-import activities had hit nearly $2.7 billion in 2025, with the figure reaching $1 billion in Q1 2026, government statistics showed.”
“Foreign direct investment inflows from France reached at least $199 million in 2026. This made France the country’s 11th-largest foreign investor, with Singapore maintaining its dominance by contributing roughly $4.6 billion. An upcoming trade agreement between Indonesia and the European Union — of which France is a member to — is expected to create a more attractive regulatory environment for investors.”
https://jakartaglobe.id/news/prabowo-returns-to-jakarta-with-35-billion-french-deals
See also: Prabowo instructs French language learning at all school levels