Overview

• EU Trade Commissioner Maroš Šefčovič and Indonesian Economic Minister Airlangga Hartarto signed the agreements on Bali after nearly a decade of negotiations.
• The deal pledges stable access for Europe to critical raw materials such as nickel and introduces disciplines on export‑distorting measures like certain subsidies and export taxes.
• Indonesia will phase out its 50% tariffs on imported European cars over five years, with additional cuts for machinery parts, chemicals, and medicines.
• Agricultural access expands on both sides, while sustainability chapters cite international climate and forest commitments and a palm‑oil arrangement without concrete production restrictions.
• The texts now undergo legal review and translation before approvals by the EU Council and Parliament, alongside ratification in Indonesia.