{
    "success": true,
    "data": {
        "id": 1932866,
        "msgid": "government-targets-ieu-cepa-ratification-by-october-2026-1787298905",
        "date": "2026-08-21 13:41:17",
        "title": "Government targets IEU-CEPA ratification by October 2026",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Trade",
        "summary": "The Indonesian government aims to complete the signing of the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) by October 2026, with ratification to follow in both parliaments. Coordinating Minister for Economic Affairs Airlangga Hartarto described the agreement as a game changer that would eliminate tariffs on 90 percent of tariff lines and unlock European investment. The agreement is expected to enter into force in early 2027.",
        "content": "<p>Jakarta (ANTARA) - The government is targeting the Indonesia-European\nUnion Comprehensive Economic Partnership Agreement (IEU-CEPA) document\nto be signed by October 2026.<\/p>\n<p>\u201cOn the progress of IEU-CEPA, the documentation in the English\nversion is nearing completion and is targeted for October; hopefully it\ncan be signed. After it is signed, it will be brought to the EU\nParliament to obtain ratification,\u201d said Coordinating Minister for\nEconomic Affairs Airlangga Hartarto at a press conference in Jakarta on\nFriday.<\/p>\n<p>After the ratification process, the trade cooperation framework will\nbe brought to each parliament for deliberation.<\/p>\n<p>Airlangga said a Presidential Regulation will be issued to make\nIEU-CEPA a priority in discussions at the House of Representatives (DPR\nRI).<\/p>\n<p>Once the implementing regulation in the form of a Government\nRegulation is issued, IEU-CEPA is expected to enter into force from the\nbeginning of 2027.<\/p>\n<p>Furthermore, Coordinating Minister Airlangga assessed that the\nimplementation of the trade agreement will be a game changer for\nIndonesia because it opens wider market access for both parties.<\/p>\n<p>\u201cThis is a game changer for Indonesia, with several benefits from\nmarket access where 90 percent of Indonesia\u2019s tariff lines will\nimmediately become 0 percent, and this will be reduced gradually,\u201d he\nexplained.<\/p>\n<p>\u201cIndonesia certainly hopes that with the ratification of this\nagreement, it will open or unlock investment potential that will enter\nIndonesia, because Europe is now also one of Indonesia\u2019s investment\npartners in various sectors,\u201d Airlangga added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/government-targets-ieu-cepa-ratification-by-october-2026-1787298905",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}