The free trade agreement, initialed in Bali, will facilitate trade between the 27 EU member states and Indonesia, the largest economy in Southeast Asia. The negotiations were accelerated by U.S. trade policies. 80% of Indonesian products will benefit from zero tariffs, and European exporters will save 600 million euros annually. The agreement is set to be ratified by national parliaments and will come into force, at the earliest, in 2027.
Sources
Uniunea Europeană și Indonezia au semnat un acord de liber schimb
UE şi Indonezia încheie un acord de liber schimb
UE a semnat un acord comercial cu cea mai mare economie din Asia de Sud-Est: „Transmitem lumii un puternic mesaj”
UE și Indonezia au încheiat un acord de liber schimb. Exportatorii europeni vor economisi anual aproximativ 600 milioane de euro
Acord important între UE şi Indonezia – 80% din produsele indoneziene importate în Europa vor fi scutite de taxe vamale
Latest News
15:39
Lithuanian officials suspect that Russia plans to use drones captured from Ukrainians for provocations in the Baltic region
15:34
The GDP of the European Union was estimated at 18.8 trillion euros in 2025, while Romania's economy was estimated at 380 billion euros, representing 2% of the total GDP.
15:27
A national operational center in the energy sector will be created to manage the energy crisis / Ilie Bolojan: "Citizens will not be limited or disconnected"
15:25
The government approved three memorandums for the filling of 402 vacant positions in Transgaz, Transelectrica, and Hidroelectrica, necessary for the security of the national energy system.
15:14
Users who purchase road tax online may incur significant additional fees. CNAIR recommends purchasing only from the official portal.
See more news