Overview

• The agreement is slated for signature on Tuesday in Bali, but the full text has not been released.
• Indonesia’s economic minister expects tariffs to be removed on about 80% of the country’s exports to the European Union.
• Exporters of palm oil, textiles, shoes and fish are poised to gain, with Brussels pushing to attach environmental safeguards.
• German industry groups seek reliable access to nickel and call for a full lifting of Indonesia’s 2019 export ban, with companies signaling readiness to invest and create jobs locally.
• The EU won a WTO case challenging the nickel ban and an appeal is pending, while Chinese firms currently dominate Indonesia’s nickel mining and processing.