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February 27, 2018
EU and Indonesia complete fourth round of free trade negotiations
Negotiators from the European Union (EU) met with their Indonesian colleagues in Surakarta from February 19 to 23 for the 4th round of trade and investment negotiations with between the EU and Indonesia.
The European Commission reports that, over the course of the round, the negotiating teams covered the full range of issues in the free trade agreement, including trade in goods, technical barriers to trade, services, investments, the investment court system, rules of origin, trade and sustainable development, intellectual property rights and government procurement.
During this round, the teams made progress on the chapters on food and plant health, technical barriers to trade, investment and services.
The Commission says the final aim in the EU-Indonesia negotiations is to conclude an ambitious and a mutually beneficial free trade agreement.
The fifth round of negotiations will be held before the summer in Brussels, at a date yet to be confirmed.
Canada and Indonesia are currently participating in exploratory discussions to determine the potential for an ASEAN-Canada free trade agreement. In addition to Indonesia, the ASEAN (Association of Southeast Asian Nations) members are Brunei, Cambodia, the Lao People's Democratic Republic, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
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