Indonesia and the European Union have reached a landmark trade agreement, securing a zero-percent import tariff structure for key commodities. Spearheaded by the Indonesian administration under Prabowo, this strategic breakthrough is designed to significantly lower trade barriers and accelerate economic cooperation between the two regions. The elimination of these tariffs is expected to give Indonesian exports a major competitive edge in the European market, paving the way for increased trade volumes and a more seamless exchange of goods and services.

Industry associations have welcomed the agreement, viewing it as a powerful catalyst for boosting national export growth and attracting foreign direct investment. By opening up direct, duty-free access to one of the world's largest consumer markets, the deal provides a vital boost to Indonesia’s manufacturing, agricultural, and processing sectors. Moving forward, this historic partnership is set to strengthen bilateral diplomatic ties and solidify Indonesia's position as a highly competitive and strategic trading partner on the global stage.
Source:
https://www.idnfinancials.com/id/videos/watch/1541/prabowo-indonesia-dan-uni-eropa-sepakati-tarif-impor-nol-persen