Under the deal, about 80% of Indonesia’s exports to the EU will see tariffs eliminated within one to two years after the agreement takes effect. This marks an important step following European Commission President Ursula von der Leyen’s announcement in July that the two sides had reached a 'political agreement' on the Comprehensive Economic Partnership Agreement (CEPA).
Jakarta International Container Terminal at the Tanjung Priok Port in Jakarta. (Photo: jict.co.id)
Jakarta (VNA)✱ – The European Union and Indonesia have finalised a trade agreement that is expected to be signed on September 23.
EU Trade Commissioner Maros Sefcovic will travel to Indonesia for the signing.
Under the deal, about 80% of Indonesia’s exports to the EU will see tariffs eliminated within one to two years after the agreement takes effect. This marks an important step following European Commission President Ursula von der Leyen’s announcement in July that the two sides had reached a 'political agreement' on the Comprehensive Economic Partnership Agreement (CEPA).
The Financial Times reported that US President Donald Trump's recent import tax measures have contributed to promoting the negotiation process between the EU and Indonesia.
The EU Trade Office and Indonesian Ministry of Foreign Affairs did not respond to a request for comment./.
The EU is among the world’s top three importers of farm produce, but Vietnam holds only a 2% share – still modest compared to its agricultural production capacity and potential, which indicates vast growth potential in the EU if backed by a proper strategy.
The Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) will open up new trade and investment opportunities for both the EU and Indonesia.
Thai Deputy Prime Minister Phumtham Wechayachai stressed the importance of swiftly concluding the Thailand-EU Free Trade Agreement (FTA) to strengthen economic cooperation amidst global economic challenges.
The Indonesian Government has just unveiled a plan to roll out five priority programmes in 2025, aiming to generate more than 3 million new jobs while fostering sustainable economic growth and enhancing the competitiveness of its agro-fishery sectors.
Running through September 20, the event marks the first time an official platform has been created within the AIPA framework to connect the private sector with policymakers, aiming to discuss pressing issues such as economic growth, sustainability, digitalisation, and social inclusion.
Colonel David Dwi Martin W, Director of Training for the Indonesian Air Force, said that the exercise helps deepen ties between the two air forces while fostering mutual trust and respect between the two nations.
In its initial phase, the programme will recruit 20,000 fresh graduates. Each participant will receive a monthly stipend equal to the provincial minimum wage — currently 3.3 million IDR (200 USD) — for a six-month period.
ASEAN Express, a new cross-border freight rail service, is being hailed as a breakthrough in international rail connectivity, expected to strengthen Thailand’s and ASEAN’s economic competitiveness in the near future.
An illegal wildlife trade case involving 16 protected eagles has been busted in Central Bangka district, Bangka Belitung Islands province of Indonesia.
Singapore has been ranked fifth among 139 economies in the Global Innovation Index (GII) 2025, marking the third consecutive year it has remained in the top five.
Senior defence officials of the Republic of Korea (RoK) and the Philippines discussed ways to strengthen cooperation in defence and weapon industry at their meeting in Seoul on September 15.
From September 16, residents and visitors can enjoy a safer, cleaner, and higher-quality travel option aboard the company’s signature cyan taxis, with special promotions available for new users.
The declaration, endorsed at the ASEAN Prosecutors/Attorneys General Meeting (APAGM) in Bali, commits regional prosecutors to closer coordination in addressing transnational offenses such as online gambling, scams, corruption, money laundering, and cross-border asset smuggling.
CAMEX features 17 themed pavilions, including 10 dedicated to ASEAN member states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – as well as a regional pavilion from Guangxi, China. It also hosts a special World Halal Trade Centre and themed areas for other Regional Comprehensive Economic Partnership (RCEP) members such as Japan, the Republic of Korea, Australia and New Zealand.
The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.
The ministry warned that the RSV can easily spread through mucus, saliva and toys around children. Currently, there is no specific treatment or RSV vaccine for children, so families were urged to take preventive measures.
Thailand has emerged as one of Southeast Asia’s fastest-growing markets for artificial intelligence (AI), with OpenAI reporting that weekly active users of ChatGPT in the country have quadrupled over the past year.
Thai Prime Minister Anutin Charnvirakul is driving forward the Land Bridge mega-project, valued at nearly 1 trillion THB (31.5 billion USD), to stimulate the economy and attract long-term investment.
A discussion on Vietnamese cuisine, culture and tourism was held in Tel Aviv on September 14, aiming to deepen the understanding of Vietnamese culture and promote people-to-people exchanges between Vietnam and Israel, especially as the two countries expand cooperation across multiple fields.
Confirmed initiatives include the revival of the popular "Half-Half" co-payment scheme. Other proposals under discussion - though not yet finalised - include the "We Travel Together" tourism stimulus programme, decentralisation efforts and disaster mitigation strategies.
Fidel’s words to the gathered soldiers: “For Vietnam, Cuba is willing to shed its own blood!” captured the very essence of the friendship forged between the two nations, a relationship nurtured through resilience, dignity, and internationalist spirit.