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Indonesia, EU conclude negotiations on free trade agreement
['Vietnam', 'Vietnamplus']
Vietnam+ (VietnamPlus)
Brussels (VNA) – Indonesia and the European Union (EU) on September 23 finalised their negotiations on a comprehensive economic partnership agreement (CEPA) after nine years of talks, aimed at boosting trade and investment.
Beyond trade benefits, the agreement is also designed to promote sustainable development.
It is seen as an opportunity to link economic development with social protection and effective environmental governance.
The agreement must then be ratified by EU member states, the European Parliament, and Indonesia.
The conclusion of negotiations, which began in July 2016 with 19 formal rounds, marks a major step forward in the EU – Indonesia partnership, promising strong momentum for trade, investment, and sustainable development in the future./.
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'indonesia'
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