Jakarta, Aug. 6 -- Indonesia and the European Union are on track to officially sign the long-awaited Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) in the fourth quarter of 2026, marking a major milestone following nearly a decade of trade negotiations.

The announcement was made by Indonesian Ministry of Trade's Director of Bilateral Negotiations Basaria Tiara Desika L. Gaol in Jakarta on Wednesday (August 5), as the bilateral pact is entering its final administrative stages.

"We are targeting the signing of the agreement in the fourth quarter of 2026," Tiara noted.

The agreement reached a substantial conclusion in September 2025 during its 19th negotiation round in Bali, where Coordinating Minister for Economic A...