{
    "success": true,
    "data": {
        "id": 1670601,
        "msgid": "indonesia-pushes-export-diversification-via-i-eaeu-fta-1775843445",
        "date": "2026-04-10 20:46:56",
        "title": "Indonesia pushes export diversification via I-EAEU FTA",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia is accelerating the implementation of the Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA) to diversify its export markets amid rising global protectionism, as discussed during the 7th Indonesia-Russia Working Group on Trade, Investment, and Industry meeting in Jakarta. Officials highlighted untapped potential in bilateral cooperation, with 2026 marking the 76th anniversary of diplomatic ties, and emphasised expansion in sectors like trade, industry, investment, food security, halal industry, and logistics connectivity. Bilateral trade reached nearly US$5 billion in 2025, with the FTA's tariff liberalisation on over 90 percent of goods poised to drive further growth through enhanced business engagement.",
        "content": "<p>Indonesia pushes export diversification via I-EAEU FTA<\/p>\n<p>April 10, 2026 20:13 GMT+700<\/p>\n<p>Deputy for Economic Cooperation and Investment Coordination at the\nCoordinating Ministry for Economic Affairs Edi Prio Pambudi (left) and\nRussian Deputy Minister of Economic Development Vladimir Illichev pose\nafter signing the protocol of the 7th Indonesia-Russia Working Group on\nTrade, Investment, and Industry (WGTII) meeting in Jakarta, April 9,\n2026. (ANTARA\/HO-Kemenko Perekonomian)<\/p>\n<p>Jakarta (ANTARA) - Indonesia is pushing to diversify export markets\nby accelerating the implementation of the Indonesia-Eurasian Economic\nUnion Free Trade Agreement (I-EAEU FTA) amid rising global\nprotectionism.<\/p>\n<p>The push was discussed at the 7th Indonesia-Russia Working Group on\nTrade, Investment, and Industry (WGTII) meeting in Jakarta on\nThursday.<\/p>\n<p>Deputy for Economic Cooperation and Investment Coordination at the\nCoordinating Ministry for Economic Affairs Edi Prio Pambudi said there\nis significant untapped potential in Indonesia-Russia cooperation.<\/p>\n<p>He said the 76th anniversary of diplomatic ties in 2026 can be used\nto deepen collaboration, including by accelerating the implementation of\nthe I-EAEU FTA.<\/p>\n<p>Both countries are also seeking to expand cooperation in priority\nsectors, including trade, industry, investment, and food security.<\/p>\n<p>Meanwhile, Russian Deputy Minister of Economic Development Vladimir\nIllichev stressed the importance of implementing outcomes from previous\nmeetings, including the FTA.<\/p>\n<p>He also highlighted progress in strategic sectors such as the halal\nindustry and Surabaya-Vladivostok logistics connectivity, which has been\noperational since 2023.<\/p>\n<p>Indonesian Ambassador to Russia and Belarus Jose Tavares said the\nliberalization of over 90 percent of tariffs under the agreement is\ncrucial amid global protectionism.<\/p>\n<p>He noted that bilateral trade reached nearly US$5 billion in 2025,\nwith further growth potential through diversification and stronger\nindustrial cooperation.<\/p>\n<p>\u201cWe need to encourage closer engagement between our business\ncommunities to strengthen trade and investment ties,\u201d he said.<\/p>\n<p>Russian Ambassador to Indonesia Sergey Tolchenov said economic\ncooperation remains a key pillar of bilateral relations.<\/p>\n<p>He highlighted potential collaboration in sectors such as\nagriculture, IT, infrastructure, and mining.<\/p>\n<p>Related news: Indonesia, Russia strengthen economic cooperation\nthrough WGTII<\/p>\n<p>Related news: Russia open to oil sales to Pertamina amid Strait of\nHormuz tensions<\/p>\n<p>The push was discussed at the 7th Indonesia-Russia Working Group on\nTrade, Investment, and Industry (WGTII) meeting in Jakarta on\nThursday.<\/p>\n<p>Deputy for Economic Cooperation and Investment Coordination at the\nCoordinating Ministry for Economic Affairs Edi Prio Pambudi said there\nis significant untapped potential in Indonesia-Russia cooperation.<\/p>\n<p>He said the 76th anniversary of diplomatic ties in 2026 can be used\nto deepen collaboration, including by accelerating the implementation of\nthe I-EAEU FTA.<\/p>\n<p>Both countries are also seeking to expand cooperation in priority\nsectors, including trade, industry, investment, and food security.<\/p>\n<p>Meanwhile, Russian Deputy Minister of Economic Development Vladimir\nIllichev stressed the importance of implementing outcomes from previous\nmeetings, including the FTA.<\/p>\n<p>He also highlighted progress in strategic sectors such as the halal\nindustry and Surabaya-Vladivostok logistics connectivity, which has been\noperational since 2023.<\/p>\n<p>Indonesian Ambassador to Russia and Belarus Jose Tavares said the\nliberalization of over 90 percent of tariffs under the agreement is\ncrucial amid global protectionism.<\/p>\n<p>He noted that bilateral trade reached nearly US$5 billion in 2025,\nwith further growth potential through diversification and stronger\nindustrial cooperation.<\/p>\n<p>\u201cWe need to encourage closer engagement between our business\ncommunities to strengthen trade and investment ties,\u201d he said.<\/p>\n<p>Russian Ambassador to Indonesia Sergey Tolchenov said economic\ncooperation remains a key pillar of bilateral relations.<\/p>\n<p>He highlighted potential collaboration in sectors such as\nagriculture, IT, infrastructure, and mining.<\/p>\n<p>Related news: Indonesia, Russia strengthen economic cooperation\nthrough WGTII<\/p>\n<p>Related news: Russia open to oil sales to Pertamina amid Strait of\nHormuz tensions<\/p>\n<p>Translator: Bayu Saputra, Raka Adji<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-pushes-export-diversification-via-i-eaeu-fta-1775843445",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}