ISDS Case Map
Indonesia
Indonesia’s President Prabowo Subianto and Russia’s First Deputy Prime Minister Denis Manturov discussed advancing a free trade agreement with Eurasian countries, aiming for finalization during Prabowo’s visit to St. Petersburg later this year.
Government of Indonesia urged the EU to adopt a pragmatic approach considering differing economic levels to finalize negotiations by 2025. Indonesia’s growing trade surplus with the EU highlights strong export performance, particularly in palm oil and minerals.
Despite nearly ten years of discussions of Indonesia - EU CEPA, key issues remain unresolved, particularly concerning export duties and import permits. Senior Minister Airlangga reported to President Prabowo Subianto that while some progress has been made, the negotiations have yet to yield a conclusive agreement.
President Prabowo Subianto of Indonesia is set to make his inaugural state visit to Russia in June, with the signing of a free trade agreement with the Eurasian Economic Union (EAEU) as a key focus. Under Prabowo's leadership, Indonesia is strengthening its relationship with Moscow, particularly through its recent entry into the BRICS grouping, which aims to counter Western influence.
Indonesia and Pakistan plan to strengthen ties through new agreements and a potential FTA, focusing on trade in key sectors like food, pharmaceuticals, and EVs. Indonesia, a major nickel producer, aims to expand its EV supply chain, while both countries seek joint ventures in lithium batteries and palm oil production. The collaboration aims to address the current trade imbalance and leverage Indonesia's strong economic growth.
Over 120 civil society organizations and trade unions from Indonesia and Europe today call on the Indonesian government and the EU to stop the negotiations for the Indonesia-EU free trade agreement – the Comprehensive Economic Partnership Agreement (CEPA). The organizations warn that this agreement threatens the environment, climate, and the rights of women, Indigenous Peoples, workers, small farmers and fisherfolk.
CSOs in Europe and Indonesia are urging the EU and Indonesia to stop CEPA negotiations. The agreement threatens the environment, climate, and the rights of vulnerable groups, while hindering Indonesia's ability to develop its own raw materials value chain. The groups also raise concerns about privatization of energy, investor protections, and the inclusion of elements from Indonesia's "Omnibus Law," which weakens labor protections.
Indonesia will be more focused on negotiating Comprehensive Economic Partnership Agreements.
Indonesia and Türkiye have agreed to finalize their Comprehensive Economic Partnership Agreement (CEPA) and expand market access for each other's products. The agreement aims to increase mutually beneficial trade and prioritize the prosperity of both nations.
Indonesia is pushing for a swift conclusion to its Comprehensive Economic Partnership Agreement (CEPA) negotiations with the European Union. While some issues remain, Indonesia is committed to creating an attractive investment environment for EU businesses, and both aim to finalize the CEPA in the first half of 2025.
