The EU and Indonesia have signed a free trade agreement that will reduce customs duties on 80% of Indonesian products exported to Europe.
Raluca Ioana Draghici
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Economy
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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
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