EU signals potential negotiations for FTA with ASEAN after 2027
The EU and ASEAN have agreed to make a region-to-region trade deal a “long-term objective”, but it might take some time before the negotiations can begin.
The EU and ASEAN have agreed to make a region-to-region trade deal a “long-term objective”, but it might take some time before the negotiations can begin.
Thai Deputy Prime Minister Phumtham Wechayachai stressed the importance of swiftly concluding the Thailand-EU Free Trade Agreement (FTA) to strengthen economic cooperation amidst global economic challenges.
The WTO panel had assessed that Indonesia’s export duty and export levy on palm oil could not be categorised as a subsidy, and that the EU Commission failed to prove a threat of material harm to European biodiesel producers caused by Indonesian biodiesel imports.
Indonesian President Prabowo Subianto described reaching a political agreement with the EU as a "breakthrough" after 10 years of negotiations, affirming that his country considers Europe a very important trading partner.
The agreement supplements the EU-Singapore Free Trade Agreement (EUSFTA) that entered into force in 2019.
President of the European Commission (EC) Ursula von der Leyen and Malaysian Prime Minister Anwar Ibrahim on January 20 announced the resumption of negotiations for an ambitious, modern, and balanced EU – Malaysia free trade agreement (FTA).
Indonesia has pushed back the deadline for its trade pact with the European Union (EU), with Jakarta eyeing to complete the negotiations in the first half of 2025.
Indonesia's Ministry of Investment and Downstreaming plans to establish an European Union (EU) desk to enhance trade cooperation with the bloc, said Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM).
The EU Green Diplomacy Week 2024 opened in Jakarta on October 27 under the theme of “EU – ASEAN Green Transition for Sustainable Planet and More Positive Impact Action”.
Malaysia is the world’s second-largest dumping ground for plastic waste from the European Union (EU), undermining its government’s commitments to prevent the Southeast Asian nation from becoming a dumping ground for detritus from around the world.
Indonesia’s Ministry of Foreign Affairs on October 7 kicked off the Indonesia-Europe Business Forum (IEBF) 2024, which brings together over 200 Indonesian entrepreneurs and European partners.