Indonesia and the European Union have officially signed a long-awaited trade deal, marking a significant milestone in economic cooperation between Southeast Asia and Europe. The agreement aims to boost trade, investment, and sustainable economic growth for both parties.
The deal covers a wide range of sectors, including agriculture, manufacturing, digital services, and green technologies. It is expected to lower tariffs, simplify trade regulations, and create more opportunities for Indonesian exporters to access the European market. Conversely, EU companies will benefit from improved access to Indonesia’s growing economy.
Officials from both sides highlighted the importance of the agreement in strengthening bilateral ties, promoting fair trade practices, and supporting sustainable development initiatives. Economists suggest the deal could play a crucial role in boosting Indonesia’s export competitiveness while encouraging EU investment in key infrastructure and technology sectors.
