Following the political agreement reached on July 13 between President Ursula von der Leyen and President Prabowo Subianto, the EU and Indonesia have concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA) and an Investment Protection Agreement (IPA). The agreements are designed to strengthen trade and investment ties, diversify supply chains, and create new export opportunities. Our deal with Indonesia creates new opportunities for businesses and farmers in a major and growing economy. Market access and tariff reductionsThe CEPA will lower tariffs on agri-food products, protect traditional EU products, and support key industrial sectors. Currently, EU agri-food exports to Indonesia total €1 billion (US$1.08 billion) annually, exceeding imports except for crops not grown in the EU.