EFTA and Indonesia hold 14th round of negotiations on a Comprehensive Economic Partnership Agreement

Published 02-03-2018
Ambassador Markus Schlagenhof from Switzerland and Ambassador Soemadi D.M. Brotodiningrat head of the Indonesian delegation.
The 14th round of negotiations between the EFTA States and Indonesia on a Comprehensive Economic Partnership Agreement (CEPA) took place in Geneva from 26 February to 2 March 2018. Ambassador Markus Schlagenhof from Switzerland acted as the EFTA Spokesperson, while Ambassador Soemadi D.M. Brotodiningrat headed the Indonesian delegation.

Constructive and substantive discussions were held in most areas under negotiation, including trade in goods, customs and rules of origin, trade facilitation, trade remedies, sanitary and phytosanitary measures, trade in services, investment, intellectual property rights, legal and horizontal issues including dispute settlement, cooperation and trade and sustainable development.

Negotiations towards a CEPA were launched in 2010, with the first round held in Jakarta. The next round is expected to take place in spring 2018. Intersessional work has been agreed in most areas.

Merchandise trade between EFTA and Indonesia amounted to USD 2.3 billion in 2017. The EFTA States exported goods worth USD 597 million, with the leading exports being machinery and mechanical appliances, pharmaceutical products and mineral fuels. EFTA imported goods worth USD 1.7 billion in 2017, with gold as the most significant import, followed by footwear and electrical machinery.

An EFTA-Indonesia Information Brochure can be found in electronic form here.

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Seminar on the European Economic Area - Brussels 13 September 2018