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Indonesia and EU Finalize Historic Trade Agreement

7/13/2025

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Summary

Story summary

After ten years of intense negotiations, Indonesia and the EU have reached a historic milestone with the Comprehensive Economic Partnership Agreement (IEU-CEPA). Celebrated by President Prabowo Subianto and EU Commission President Ursula von der Leyen in Brussels, this agreement promises to boost trade and investment, granting Indonesian products zero tariffs in Europe, with a signing anticipated in 2025.

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Story summary

After ten years of intense negotiations, Indonesia and the EU have reached a historic milestone with the Comprehensive Economic Partnership Agreement (IEU-CEPA). Celebrated by President Prabowo Subianto and EU Commission President Ursula von der Leyen in Brussels, this agreement promises to boost trade and investment, granting Indonesian products zero tariffs in Europe, with a signing anticipated in 2025.