EFTA Secretary-General meets Indonesian Vice Minister of Trade in Geneva

Published 30-04-2021
EFTA Secretary-General Henri Gétaz received H.E Dr Jerry Sambuaga, Vice Minister of Trade of the Republic of Indonesia
On 30 April, EFTA Secretary-General Henri Gétaz received H.E Dr Jerry Sambuaga, Vice Minister of Trade of the Republic of Indonesia, at the EFTA Secretariat in Geneva. Focussing on the EFTA–Indonesia Comprehensive Economic Partnership Agreement (CEPA) concluded in late 2018, they discussed the ongoing ratification processes.

The Secretary-General in particular welcomed the decision by the Indonesian Parliament on 9 April to ratify the Agreement in Indonesia. Among the other topics discussed were cooperation and capacity building, covering projects provided by EFTA Member States bilaterally but also possible assistance that may be provided by the EFTA Secretariat.

Economic relations between the EFTA States and Indonesia
Merchandise trade between the EFTA States and Indonesia amounted to EUR 1.2 billion in 2020. The EFTA States exported goods worth EUR 647 million, with some of the leading exports being electrical machinery (15%), mechanical appliances (11%), organic chemicals (9%) and pharmaceutical products (8.5%). EFTA imported goods were worth EUR 521 million in 2020, with footwear as the most significant import (22%), followed by woven and clothing accessories (13%) and electrical machinery (9%).

See more information on trade statistics between EFTA and Indonesia here

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