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flag Indonesia and the EAEU signed a free trade deal boosting exports with preferential tariffs.

flag Indonesia has signed a free trade agreement with the Russia-led Eurasian Economic Union (EAEU), granting Indonesia preferential tariffs on 90.5% of its exports to the bloc’s 180 million consumers. flag The deal, signed in St. Petersburg with Russian President Putin and other EAEU leaders present, aims to boost Indonesian exports of palm oil, textiles, footwear, fisheries, rubber, furniture, and electronics. flag While Indonesia’s specific trade concessions were not disclosed, EAEU officials believe the agreement could double bilateral trade. flag In the first ten months of 2025, trade between the two sides reached $4.4 billion, with Indonesia exporting $1.76 billion and importing $2.64 billion in goods like coal, wheat, and fertilizers.

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