Political agreement between the European Union and Indonesia in the direction of free trade

Ursula von der Lini, president of the European Commission, said on Sunday that the European Union concluded a political agreement with Indonesia on the payment of a free trade agreement.

“There are many incredible opportunities in our commercial relations, and therefore this agreement comes at the right time; Because the new agreement will open the door for new markets. ”

She explained that the strengthening of an agreement on free trade between the European Union and Indonesia provides new opportunities for 730 million people and expands the growth and opportunities of employment.

The agreement came a day after US President Donald Trump imposed 30 percent customs duties for the European Union.

Von der of the line stated that the European Union prefers negotiations on trade with the United States, adding that the block will extend its suspension of counter -processes that will respond to US customs duties before the beginning of August.

She added: “The tool (CO -Control) was found for exceptional cases, we have not yet achieved this”, bearing in mind the tool that allows the European Union to overcome traditional fees for goods and impose restrictions on the trade in services.

Leave a Comment