Published by Global Banking & Finance Review®
Posted on July 13, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleThe EU and Indonesia have reached a political agreement to advance their free trade deal, aiming to unlock new market potentials and strengthen trade relations.
BRUSSELS (Reuters) -European Commission President Ursula von der Leyen said on Sunday that a political agreement was reached to advance the EU-Indonesia free trade deal.
"There's a lot of untouched potential in our trade relationship and therefore this agreement comes at the right time because the new agreement will open new markets", von der Leyen said at a press conference with Indonesian President Prabowo Subianto.
(Reporting by Julia Payne, Charlotte Van Campenhout, Editing by Louise Heavens)
A political agreement was reached to advance the EU-Indonesia free trade deal.
European Commission President Ursula von der Leyen announced the political agreement.
She stated that there is a lot of untouched potential in the trade relationship, making the agreement timely.
The new agreement will open new markets, enhancing trade opportunities.
The article was reported by Julia Payne and Charlotte Van Campenhout, with editing by Louise Heavens.
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