Indonesia and the European Union are targeting October 2026 to sign the Comprehensive Economic Partnership Agreement (IEU-CEPA), an agreement set to phase out tariffs on roughly 90% of Indonesian exports to the EU down to zero—a crucial step as Indonesia's Generalized Scheme of Preferences (GSP) expires at the end of the year. Through this deal, Indonesia is actively seeking European investment across key sectors like renewable energy, battery production, critical mineral processing, and digital infrastructure, while expanding cooperation in cybersecurity, agriculture, and workforce development. Supported by solid economic ties—including $31.9 billion in bilateral trade in 2025 and over $13.6 billion in EU investments creating 245,000 jobs over the past five years—both sides are establishing joint mechanisms to prepare businesses for rapid implementation once ratified. (ICE GIACARTA)

Fonte notizia: The Jakarta Post, August 22, 2026