### Indonesia and EU Set to Finalize Historic Free Trade Agreement After Nine Years of Negotiations - After nearly a decade of negotiations, Indonesia is on the verge of concluding a free trade agreement with the European Union (EU). This deal is expected to provide Indonesia with zero tariffs on 80% of its exports to the EU and will eliminate various non-tariff barriers, significantly enhancing market access for Indonesian goods. The finalization of this agreement is anticipated by the end of June 2025, marking a pivotal moment in Indonesia's economic relations with Europe [https://www.scmp.com/news/asia/southeast-asia/article/3313507/indonesia-eu-conclude-nine-years-free-trade-negotiations][https://www.businesstimes.com.sg/international/asean/indonesia-expects-conclude-free-trade-talks-eu-end-june]. ### Structure of the Free Trade Agreement Negotiations 1. **Background of Negotiations** - The free trade talks between Indonesia and the EU began nine years ago, focusing on reducing trade barriers and enhancing economic cooperation [https://www.devdiscourse.com/article/politics/3450671-indonesia-poised-to-seal-eu-trade-deal-after-9-years]. 2. **Key Features of the Agreement** - The agreement will allow Indonesia to export 80% of its goods to the EU without tariffs, which is expected to boost the country's economy significantly [https://www.devdiscourse.com/article/headlines/3450782-indonesia-and-eu-close-to-sealing-historic-trade-deal]. - Non-tariff barriers will also be removed, facilitating smoother trade processes [https://www.thepeninsulaqatar.com/article/07/06/2025/indonesian-minister-says-eu-free-trade-talks-to-wrap-up-this-month]. 3. **Expected Outcomes** - The deal is projected to enhance Indonesia's market access to the EU, benefiting various sectors of its economy [https://news.az/news/indonesia-aims-to-conclude-eu-free-trade-talks-by-end-of-june]. - It is anticipated that the agreement will lead to increased foreign investment and economic growth in Indonesia [https://business.inquirer.net/529613/eu-free-trade-talks-to-wrap-up-this-month-says-indonesian-minister/amp]. ### Supporting Evidence and Data - **Tariff Reductions**: - **80%** of Indonesian exports to the EU will be tariff-free, a significant reduction that is expected to stimulate trade [https://www.scmp.com/news/asia/southeast-asia/article/3313507/indonesia-eu-conclude-nine-years-free-trade-negotiations]. - **Timeline**: - The negotiations, which began in 2016, are set to conclude by the end of June 2025, marking a long and complex negotiation process [https://www.businesstimes.com.sg/international/asean/indonesia-expects-to-conclude-free-trade-talks-eu-end-june]. ### Conclusion: A New Era for Indonesia-EU Trade Relations 1. **Finalization of the Agreement**: Indonesia is poised to finalize its free trade agreement with the EU, concluding nine years of negotiations. 2. **Economic Benefits**: The agreement promises significant economic benefits, including zero tariffs on a majority of exports and the removal of non-tariff barriers. 3. **Future Prospects**: This deal is expected to enhance Indonesia's economic landscape, fostering growth and attracting foreign investment. In summary, the impending conclusion of the Indonesia-EU free trade negotiations represents a significant milestone in international trade relations, with the potential to reshape Indonesia's economic future positively [https://www.devdiscourse.com/article/politics/3450671-indonesia-poised-to-seal-eu-trade-deal-after-9-years].