{"id":89126,"date":"2025-09-24T00:00:00","date_gmt":"2025-09-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/24\/eu-indonesia-finalize-nine-year-trade-agreement-talks\/"},"modified":"2025-09-24T00:00:00","modified_gmt":"2025-09-24T00:00:00","slug":"eu-indonesia-finalize-nine-year-trade-agreement-talks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/09\/24\/eu-indonesia-finalize-nine-year-trade-agreement-talks\/","title":{"rendered":"EU + Indonesia finalize nine-year trade agreement talks"},"content":{"rendered":"

EU + Indonesia finalize freetrade pact: <\/strong>The EU and Indonesia finalized a freetrade agreement that will remove duties on most bilaterally traded goods, according to a statement<\/a>. The agreement \u2014 finalized after nine years of negotiations \u2014 is expected to double trade between the country and the bloc within the first five years of its taking effect on 1 January 2027, Reuters<\/a> reports. <\/p>\n

The details: <\/strong>Indonesia will remove duties on 98.5% of EU goods, whereas Indonesian goods will benefit from zero tariffs in 90% of the EU\u2019s market. EU cars will have zero duties within 5 years, down from 50%, while levies on machinery and appliances will be gradually reduced from 30% to zero, Bloomberg<\/a> reports. <\/p>\n

Trade in numbers: <\/strong>Trade between the EU and Indonesia reached EUR 27.3 bn in 2024<\/a> \u2014 comprising EUR 9.7 bn in EU goods and EUR 17.5 bn in Indonesian products.<\/p>\n

\n

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US <\/strong>pressures China on Boeing order as trade talks linger:<\/strong> US officials met with senior Chinese leaders in Beijing to propose an arrangement where China would commit to purchasing more Boeing jets, Reuters<\/a> reports, citing comments made by Washington\u2019s Ambassador to China David Purdue. This comes almost one month after reports linked Boeing and China to talks over a 500-jet order<\/a>. <\/p>\n

REMEMBER-Aircraft orders are emerging as a bargaining chip<\/strong> \u2014 or perhaps a showing of goodwill \u2014 in trade talks with the US, with several global and regional players moving on big Boeing orders as part of national strategies to appease the US. The Boeing agreement with China is \u201cvery important\u201d to US President Donald Trump, Purdue was quoted as saying.<\/p>\n

ICYMI- <\/strong>Turkey was the latest nation to be floating a mega Boeing order (250 jets)<\/a> amid trade talks and ahead of the high-level meeting between Turkish President Recep Tayyip Erdo\u011fan and US President Donald Trump. <\/p>\n","protected":false},"excerpt":{"rendered":"

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