JAKARTA, Oct. 8 (Xinhua) -- Indonesia has pushed to accelerate the completion of various free trade agreements (FTAs) to navigate global economic uncertainty and maintain market openness amid intensifying geopolitical and economic tensions, Minister of Investment and Downstream Industry Rosan Roeslani said Wednesday.

"The world is still not in a good state. Geopolitical and economic tensions remain, including the recent U.S. tariff hikes, conflicts in the Middle East, and the ongoing conflict between Russia and Ukraine. All of these add to the dynamics of existing geopolitics and economics," Rosan said at the Investor Daily Summit 2025 in Jakarta.

Over the past decade, Indonesia has concluded several key agreements, such as the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) and the Indonesia-Canada CEPA, while continuing to fast-track other FTA negotiations.

According to Rosan, these efforts are part of a long-term strategy to expand export market access, strengthen supply chains, and attract quality investment amid intensifying global economic competition.

He also highlighted Asia's growing importance, noting that by 2030, about 60 percent of the world's economy will come from this region, supported by a population of around 4.5 billion.

Rosan noted that economic openness, human capital development, and continued investment policy reform will form the foundation for inclusive, sustainable, and equitable economic growth for all people. ■