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Indonesia expects to conclude free trade talks with EU by end of June
Indonesia and the 27-member European bloc have been negotiating since 2016 to strike a deal that is expected to increase trade and investment.
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Coordinating Economic Minister Airlangga Hartarto delivers a press statement at the State Palace on April 28, 2025, after meeting President Prabowo Subianto to report on the ongoing negotiations with Washington aimed at averting steep US import tariffs to be imposed on Indonesian-made goods. (JP/Ruth Dea Juwita)
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ndonesia and the European Union are expected to conclude talks over an economic cooperation deal that will relax trade barriers this month, a senior minister said on Saturday.
Indonesia and the 27-member European bloc have been negotiating since 2016 to strike a deal that is expected to increase trade and investment.
Ties have been frayed by a proposed import ban on products linked to deforestation into the EU that has angered Indonesia because it is a major palm oil exporter.
However, Coordinating Economic Affairs Minister Airlangga Hartarto told an online briefing on Saturday that talks were nearing their conclusion.
"We already have entered the final round. This means that we have resolved almost all issues," Airlangga told reporters.
Airlangga met with EU Commissioner for Trade Maros Sefcovic in Brussels on Friday.
He said in an earlier statement Indonesia and the EU would announce the conclusion of the negotiations by the end of June.
