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Indonesia, EU Sign Long-Awaited Trade Deal
The deal will remove tariffs on about 80% of Indonesian exports to the EU and save European exporters €600 million annually, boosting trade and investment opportunities.
- Indonesia and the European Union finalized negotiations on a trade agreement after nearly a decade of talks.
- The deal will open investment in strategic sectors such as electric vehicles, electronics, and pharmaceuticals, as well as benefit Indonesian exports like palm oil, footwear, and textiles to the EU.
- The agreement is expected to be implemented by 2027, with 80% of Indonesian exports to the EU becoming tariff-free after it comes into force.
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107 Articles
107 Articles
Jakarta and Brussels enter into a partnership that secures access to nickel and cobalt while imposing European environmental standards.
·Paris, France
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Because of Trump's customs policy, the free trade agreement with Indonesia is quickly signed, among other things, there are no sustainability rules for export goods palm oil.
By signing a free trade agreement with Jakarta on Tuesday 23 September, Brussels refuses to follow Washington in its protectionism because 83% of world trade is not American.
·Paris, France
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EU importers to save €600m per year under Indonesia trade pact
Europe’s dairy industry will be among the big winners from a new EU trade deal with Indonesia, the European Commission has said. Others have called it a "“a neo-colonial agreement that props up polluting industries."
·Brussel, Belgium
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Coverage Details
Total News Sources107
Leaning Left15Leaning Right14Center14Last UpdatedBias Distribution35% Left
Bias Distribution
- 35% of the sources lean Left
35% Left
L 35%
C 33%
R 32%
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