EU-Indonesia trade pact: European Union chief announces...

EU-Indonesia trade pact: European Union chief announces 'political agreement'; Jakarta calls it 'breakthrough'

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Ursula von der Leyen and Prabowo Subianto announced a "political agreement" to finalize a free trade deal amidst global trade disruptions. The agreement, under negotiation since 2016, aims to boost trade and investment between the EU and Indonesia. This milestone signifies the EU's pursuit of new markets and strengthens ties with strategic partners, particularly as trade tensions rise elsewhere.

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