Government Fast Signing IEU-CEPA, Target Valid Initial 2027

The government went through the Ministry of Progregation Field Coordinator to push for an acceleration of the Indonesian signing - European Union Comprehensive Economic Association Agreement so that the agreement could be effective in early 2027. Minister of Permanently Field Coordinator, Airlanga Hartarto, states that it takes a diplomatic step to accelerate the ratio.

The spokesperson of the Ministry of Cultural Field Coordinator, Haryo Limanseto, said Airlanga emphasized IEU-CEPA as an important moment to open a wider trading and investment opportunity between Indonesia and the European Union. The government continues to encourage signing and accelerated ratification.

"It's important to maintain a positive moment of IEU-CEPA completion through reinforcement of coordination and diplomacy with the UE institution," its account in writing, Tuesday (20 / 10).

Indonesia and UE are now entering the final stage of signing preparations. Earlier, both parties reached substantial completion in September 2025 and completed the legal scrubbing process in August 2026.

In June 2026, the European Commission issued a proposal regarding the IEU-CEPA to the European Union Council. The proposal was filed to get the signing agreement and settlement agreement.

"The acceleration of signing also needs to be followed by preparation for certification and implementation in order for the benefit of the agreement to be immediately felt by both the workers," impregnated Haryo.

The Embassy of RI for Belgium, Luxembourg's wealth, and the E.U. reports intensive communication with various UE interests.

Both parties continue to attempt the IEU-CEPA signing.

Besides IEU-CEPA, the government is reinforcing other free trade agreements that will be implemented in the near future. Two of them are the Indonesian-Canadian CEPA (I-CA CEPA) and the Indonesian Eurasian Economic Union Free Trade Agreement (I-EAU FTA).

The government is also encouraging that the agreement not cease at predicential access. The application is expected to rise real among Indonesian exports.

For your information, based on a number of impact analyses, IEU-CEPA is potentially increasing Indonesian exports to US $10.9 billion. I-CA CEPA is potentially adding exports to US $1.6 billion, whereas I-EAEU FTA around US $2.2 billion to US $2.89 billion.

That number shows that the trade agreement not only lowers the rates, but also opens an expansion space in commodities that have the production capacity and potential demand in the partner state.

It also shows that the utilities of export analysis can also be directed at commodities with a sizeable export gap. Export gap is a difference between current export value and exports that are potentially still accessible in the partner market.

For the uAnother opportunity lies in rubber and rubber products, iron and steel, processed wood, and fisheries.

For Canada, export opportunities are mainly in minerals and metals, chemical products, vehicles, wood and rubber, and machines and electronic equipment. Through the CEPA I.D.s, food and water, sea results, footwear, processed, electronic, auto, and craft can be driven.

In the Eurasian Economic Zone (EAEU), export opportunities are mainly derived from chemical products, napati products, vehicles, minerals and metals, and wood, paper, rubber and plastic. palm coaches, footwear, shrimp, natural rubber, coffee, and atsiri oil have a better chance of faring through I-EAU FTA.

Haryo announced that in addition to the acceleration of IEU-CEPA, meetings also discuss strengthening Indonesian and UE economic partnerships in the strategic sector. That sector includes the development of semiconductor industries, technology and creative economies.

Such cooperation is expected to open new investment opportunities and improve the capacity of the national industry. That cooperation is also expected to encourage the development of the ecosystem of innovation and technology in Indonesia.

"It takes synergy between the Indonesian government and the RI Representatives in Brussels to escort the IEU-CEPA completion and strengthen economic cooperation with the countries of the UE members who are expected to accelerate the benefits of the agreement and be the foundation for Indonesian and UE economic partnerships which are increasing and sustaining," answered Haryo.