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EU seeks deeper ties with Indonesia

Publication Date : 07-05-2014

 

The European Union (EU) says it wants to deepen its partnership with Indonesia through a comprehensive economic partnership agreement (Cepa).

“I think we are in a good spot right now to deepen the partnership and the relationship between Indonesia and the EU,” European Union (EU) Ambassador to Indonesia, Brunei and Asean Olof Skoog said on Tuesday as quoted by Antara.

“A comprehensive economic partnership agreement (Cepa) will help enhance trade between the EU and Indonesia. But the fact is, we do not have a formal regulated platform and I think it is a problem,” he added.

Based on data from the Habibie Center, the EU is Indonesia’s fourth-largest trade partner and the second-largest investor. In 2013, two-way trade reached US$32 billion to $33 billion.

 

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