EU and Indonesia close trade and investment agreement after a decade of negotiations

BRUSSELS, Sept 23 (EUROPA PRESS) – The heads of the European Commission and Indonesia have reached a trade and investment agreement that ensures the European Union ‘preferential treatment’ in access to key raw materials such as nickel. The deal, which was a result of ten years of negotiations, signals a major breakthrough in trade relations between both parties. The agreement will not only benefit the EU by securing crucial resources but also strengthen economic ties and foster investment opportunities between Europe and Indonesia.