Indonesia Told to Put in Extra Effort for CEPA Talks with EU
Jakarta. Former British Prime Minister Tony Blair has advised that Indonesia put in more effort to conclude its negotiations for its trade pact with the European Union due to the trading bloc’s sizable bureaucracy, according to Chief Economic Affairs Airlangga Hartarto.
Airlangga on Friday met with Blair in his office in Jakarta and both had talks on the Indonesia-EU Comprehensive Economic Partnership Agreement (CEPA), to name a few. Indonesia and the EU have been discussing this trade deal since July 2016 and already went through 15 rounds of negotiations. Airlangga said that Blair had given Indonesia some advice on how it can reach an agreement with the EU by the target date.
“Based on [his] experience with the EU, Tony Blair said [the Indonesia-EU CEPA negotiations] would call for a huge political push because there is an extensive bureaucracy in the EU. So even [Blair], who comes from the UK himself, feels that there is a huge bureaucracy,” Airlangga told reporters after the meeting with Blair.
“So Indonesia must put in extra effort to conclude the Indonesia-EU CEPA [negotiations] by end-2023 as what we have targeted,” Airlangga said.
According to the Trade Ministry, Indonesia and the EU last week concluded the 15th round of talks in Yogyakarta during which both parties agreed on the economic cooperation and capacity-building chapter. This made it the 7th chapter that Indonesia-EU had concluded. Both parties also discussed issues related to anti-fraud clauses and technical barriers to trade, among others.
The government reported that Indonesia-EU trade reached $32.88 billion last year, up by 14 percent from 2021 numbers. Indonesia’s exports to the EU amounted to $21.4 billion.
The 16th round of negotiations is slated for the end of 2023 in Brussels, Belgium.
The UK withdrew from the EU in 2020. The UK had previously voted to leave the European bloc in 2016.
Tags: Keywords:Related Articles
Indonesia Seeks Deeper Economic Ties With Russia as Trade Reaches $5 Billion
Indonesia plans to deepen trade, investment and tourism ties with Russia after bilateral trade reached $5 billion in 2025.Government Launches $1.5 Billion Economic Stimulus Package for 2nd Half of 2026
Indonesia will spend $1.5 billion on transport incentives, food aid, and workforce programs to support growth through 2026.Indonesia Unveils $28 Million Subsidy Program for Tofu and Tempeh Producers
Indonesia will subsidize soybean purchases for tofu and tempeh producers to help keep staple foods affordable.Germany Says Trade Still Unharmed by Indonesia’s One-Gate Export
Indonesia’s export system shake-up has no immediate impact on trade, palm oil importer Germany says.Indonesia Prepares Stimulus as Pertamax Price Jumps 32%
Indonesia is preparing stimulus measures after Pertamax fuel prices surged 32%, raising inflation concerns.Indonesia Targets EU Trade Deal Ratification in 2026, Implementation by Early 2027
Indonesia aims to ratify its trade agreement with the European Union this year, paving the way for implementation in 2027.US 10% Forced Labor Tariff on Indonesia to Apply After July 24
The US will hold off on implementing the forced labor tariff until after July 24 to avoid overlapping with the current import tax.Indonesia Aims to Speed Up EU Trade Pact Ratification, OECD Seat
Indonesia's OECD membership bid is currently in a technical review phase.Govt Extends Weekly WFH Policy After Fuel Use Drops 9%
The government says once-a-week remote work helped cut subsidized fuel consumption as energy costs remain volatile.Airlangga Says Single-Gate Export Policy Won’t Restrict Businesses
Airlangga said Indonesia’s new single-gate export policy aims to tighten oversight and keep export earnings onshore.The Latest
Canada’s Magical World Cup Run Ends in a 3-0 Loss to Morocco
Morocco becomes the first African nation to reach the World Cup quarterfinals more than once.Toyota Dream Car Art Contest Highlights Children’s Creative Solutions for Future Mobility
Toyota Astra Motor named the winners of its 19th Dream Car Art Contest, celebrating children’s creative solutions to social and environmental issues.Astra Honda Safety Ambassadors Draw 4.8 Million Views Ahead of Safety Riding Camp 2026
Astra Honda’s safety riding ambassadors generated 4.8 million social media views ahead of the Safety Riding Camp 2026 finals.Indonesia, India in ‘Advanced’ Talks for ‘Affordable’ BrahMos Missile
India says that the BrahMos missile system is a "very affordable and reliable system" which Indonesia can acquire.Astra's FIFGROUP Launches Third Fostered Village to Advance ESG Goals
FIFGROUP launched its third fostered village, expanding ESG initiatives that empower communities and support local economies.Most Popular
