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.