EU, Indonesia strike political agreement to advance free trade deal

FILE PHOTO: European Commission President Ursula von der Leyen delivers a keynote speech during the Future of Energy Security Summit, hosted by the International Energy Agency and UK Government at Lancaster House in London, on April 24, 2025. JUSTIN TALLIS/Pool via REUTERS/File Photo

BRUSSELS (Reuters) -A political agreement was reached to advance the EU-Indonesia free trade deal, European Commission President Ursula von der Leyen said on Sunday.

The trade deal, dubbed CEPA for Comprehensive Economic Partnership Agreement, will create more opportunities in key industries such as agriculture and the automotive sector, von der Leyen added.