Trade
Four-fifths of Southeast Asian nation’s exports to Europe to enjoy zero tariffs, Jakarta says
Airlangga Hartarto, Indonesia’s coordinating minister for the economy, left, and European Union Trade Commissioner Maros Sefcovic signed a “substantive conclusion” on the comprehensive economic partnership agreement between Indonesia and the EU in Bali on Sept. 23. © Reuters
NANA SHIBATA
September 23, 2025 19:42 JST
JAKARTA — Indonesia and the European Union marked the conclusion of nine years of trade agreement negotiations on Tuesday as officials and businesses from both sides — including palm oil companies — hope the new deal will help diversify markets and supply chains in the face of U.S. tariffs.