#International Trade
ASEAN FMs emphasize unity, Myanmar crisis, regional security in KL Meeting
Foreign Ministers from ASEAN member states reconvened on July 9, 2025 at the ASEAN Foreign Ministers’ Retreat (AMM Retreat) in Kuala Lumpur to discuss pressing regional issues, with a strong emphasis on unity, the protracted Myanmar crisis, and emerging security threats in Southeast Asia.
Indonesia warns EU deforestation rules threaten small farmers, exports
Indonesia has raised strong concerns over the European Union’s Deforestation Regulation (EUDR), warning that its stringent due diligence requirements disproportionately harm smallholder farmers and threaten key national export sectors.
Economist slams Trump’s 32 percent tariff as unfair, calls for zero tariff deal
Economist Syafruddin Karimi of Andalas University strongly criticizes U.S. President Donald Trump's decision to impose a 32-percent reciprocal tariff on Indonesian exports, calling it damaging and unfair.
SimpleKey Group Niagi: Indonesia’s leader in global trade
Amid global economic shifts, Southeast Asia is becoming a new center of international trade. Indonesia, the largest economy in the region with a population of over 270 million, is confidently rising to the forefront, transforming into a strategic hub connecting East and West. At the forefront of this process is PT. SimpleKey Group Niagi, an Indonesian company setting new standards in global trade, supplying a wide range of products to over 40 countries.
Indonesia and EU near major trade deal, promising zero tariffs on key exports
The Indonesian government has announced significant progress in finalizing a trade agreement with the European Union that could lead to zero tariffs on key Indonesian exports such as textiles, fishery products, footwear, and crude palm oil (CPO).
Israel-Iran war sends oil prices soaring, pressures Indonesia’s economy: Expert
The outbreak of war between Israel and Iran in June 2025 has triggered a dramatic spike in global oil prices, surpassing US$100 per barrel, sending shockwaves through energy-importing nations like Indonesia, placing immense pressure on the country’s State budget and simultaneously threatening inflation and currency stability, an expert says.
Indonesia to finalize trade deals with EU, Eurasian Union by year-end
The government is targeting the completion of two major international trade agreements − the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) and the Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA) − by the end of this year.
Airlangga highlights RI’s proactive role in int’l negotiations during USTR meet
Coordinating Minister for the Economy, Airlangga Hartarto, met with United States Trade Representative (USTR) Jamieson Greer on the sidelines of the first day of the OECD Ministerial Council Meeting (MCM) in Paris, France on Tuesday, June 3, 2025, marking a strengthened Indonesia-U.S. dialog, particularly on trade and investment.
U.S. crude may not be compatible with Pertamina’s refineries: Expert
An energy expert has warned that the Indonesian government’s plan to redirect its crude oil and fuel imports from Singapore to the United States would solve one problem, but create several new ones.
Experts, industry player optimistic of room for Indonesia to maneuver amid global uncertainty
A senior economist, a diplomat and an industry player are confident that there is still room for Indonesia to maneuver amid global uncertainty and instability that have particularly been triggered by economic policies of U.S. President Donal J. Trump.
Indonesia asked to rethink export-led growth as U.S.-China trade deal reached
The latest trade agreement between the United States and China announced on May 12, 2025 marks a significant shift in global economic dynamics, ending years of escalating tariffs that disrupted global supply chains and triggered financial uncertainty.
FM Sugiono discusses economy, defense, energy with British Ambassador
Indonesian Foreign Minister Sugiono received a courtesy call from the British Ambassador to Indonesia, Dominic Jermey, at the Ministry of Foreign Affairs in Jakarta today, May 8, 2025.