Zara, Airbus, and More: Inside Indonesia and Spain’s Economic Power Play

www.blj.co.id (member of Vibiz Media Network)

Program : Foreign Insight

Diplomatic and economic relations between Indonesia and Spain have deep historical roots, dating back to the 16th century and officially established in 1958. Both countries, now democracies, share strong cooperation in security and economic sectors, with notable collaborations such as AirbusPT Dirgantara and Zara's Indonesian manufacturing partnerships. Despite some underperformance in trade, opportunities for growth exist, particularly in renewable energy, housing, and broader EU markets, with potential boosted by ongoing negotiations for a comprehensive economic partnership agreement between Indonesia and the European Union.

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