Jakarta, Sept. 29 -- Indonesia's Trade Minister Budi Santoso said the signing of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) has led the European Union to soften its stance on the European Union Deforestation Regulation (EUDR).
According to Budi, the agreement offers significant benefits for Indonesia, from wider market access to reduced trade barriers, including those related to the EUDR.
He expressed confidence that the deal's implementation could potentially double Indonesia's exports to the EU.
Trade Ministry data showed that Indonesia-EU trade reached 18 billion US dollars between January and July 2025, marking a 4.34 percent increase from the same period last year.
In 2024, bilateral trad...
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