{
    "success": true,
    "data": {
        "id": 1933802,
        "msgid": "indonesia-eu-target-october-cepa-signing-1787320264",
        "date": "2026-08-21 15:20:02",
        "title": "Indonesia, EU target October CEPA signing",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia is aiming to sign the Comprehensive Economic Partnership Agreement with the European Union in October, with ratification expected to bridge the gap as the GSP tariff facility expires at the end of the year. The agreement would eliminate tariffs on around 90 percent of Indonesian goods entering the EU market. The government also hopes the deal will attract greater European investment in strategic sectors such as renewable energy, batteries, and critical mineral processing.",
        "content": "<p>Can\u2019t find what you\u2019re looking for?<\/p>\n<p>View all search resultsCan\u2019t find what you\u2019re looking for?<\/p>\n<p>View all search resultsUnder the CEPA, around 90 percent of tariff\nlines for Indonesian goods entering the EU market will gradually be\neliminated to zero.<\/p>\n<p>ndonesia is aiming for the signing of the Comprehensive Economic\nPartnership Agreement with the European Union (IEU-CEPA) in October,\nwith visits by senior EU officials expected around late October or early\nNovember.<\/p>\n<p>The agreement will only take effect after being signed and ratified\nby both sides, Coordinating Economy Minister Airlangga Hartarto said,\nadding that Indonesia is finalizing the English version of the IEU-CEPA\nwhile Trade Minister Budi Santoso has been consulting with the House of\nRepresentatives on the ratification mechanism.<\/p>\n<p>\u201cThis is important because Indonesia\u2019s GSP [Generalized Scheme of\nPreferences, a special tariff facility for Indonesian products exported\nto EU countries] will expire at the end of this year,\u201d Airlangga said at\nhis office on Friday.<\/p>\n<p>\u201cIf the IEU-CEPA is ratified soon, the gap between the [end of the]\nfacility and the [start of the] IEU-CEPA could be bridged.\u201d<\/p>\n<p>Under the CEPA, around 90 percent of tariff lines for Indonesian\ngoods entering the EU market will gradually be eliminated to zero.<\/p>\n<p>Airlangga said the government also expected the agreement to unlock\ngreater European investment in Indonesia, particularly as European\ncountries have stepped up business delegations and government\nvisits.<\/p>\n<p>The government is seeking European investment in strategic sectors\nincluding electricity and hydropower, batteries, renewable energy,\ndigital industries, advanced manufacturing, critical mineral processing,\nwater management and sustainable infrastructure.<\/p>\n<p>Share your experiences, suggestions, and any issues you\u2019ve\nencountered on The Jakarta Post. We\u2019re here to listen.<\/p>\n<p>Thank you for sharing your thoughts. We appreciate your feedback.<\/p>\n<p>Quickly share this news with your network\u2014keep everyone informed with\njust a single click!<\/p>\n<p>Share the best of The Jakarta Post with friends, family, or\ncolleagues. As a subscriber, you can gift 3 to 5 articles each month\nthat anyone can read\u2014no subscription needed!<\/p>\n<p>Get the best experience\u2014faster access, exclusive features, and a\nseamless way to stay updated.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-eu-target-october-cepa-signing-1787320264",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}