Indonesia, EU Near Trade Deal Despite Palm Oil Dispute | JQJO

Indonesian President Subianto visited Brussels to finalize a Comprehensive Economic Partnership Agreement (CEPA) with the EU, aiming for tariff-free access to the EU market for Indonesian goods. A key obstacle was the EU's anti-deforestation policies concerning palm oil. The agreement, described as beneficial for both sides, emphasizes fairness and sustainable development. This development contrasts with recent US trade tensions with the EU, where tariffs on EU exports are planned.