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View all search resultsSimply, the EU is one of Indonesia’s top trading partners. The trade value between Indonesia and the EU was US$26.14 billion in 2015, making it the country's fourth-largest trading partner. Meanwhile, the EU is Indonesia’s third largest investor, injecting $2.26 billion in investment in 2015.
The Indonesian Chamber of Commerce and Industry (Kadin) praised the progress of the comprehensive economic partnership agreement with the European Union (IE-CEPA), announcing that it had proceeded to prepare a series of recommendations to be included in the clauses.
Indonesia and the European Union (EU) have taken a step forward in negotiations for the comprehensive economic partnership agreement (CEPA), with the completion of the initial phase – known as scoping papers – during President Joko “Jokowi” Widodo’s working visit to Belgium.
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