EU Agreement on Free Trade Agreement with Indonesia

EU Agreement on Free Trade Agreement with Indonesia

The EU is the most important trading partner for Indonesia.
Prabowo Subianto, head of state of Indonesia

In the middle of the customs dispute with the United States, the EU has announced a “political agreement” with Indonesia via a free trade agreement. EU Commission President Ursula von der Leyen named the agreement when visiting Indonesia Prabowo Subianto on Sunday in Brussels “a big step in this partnership”. Both sides had negotiated on a free trade agreement for almost ten years. Prabowo spoke of a “breakthrough” in Brussels.

The Commission President rated the agreement with the raw material -rich Southeast Asian country as a positive signal in view of increasing trade disputes worldwide. “We live in turbulent times and when economic uncertainty meets geopolitical inconsistency, partners like us have to move closer together,” said von der Leyen with a view of Indonesia.

Prabowo Subianto, head of state of Indonesia
Image: Evaristo SA (AFP)

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Prabowo Subianto, head of state of Indonesia
Image: Evaristo SA (AFP)

Source: Nachrichten

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