InfoSAWIT, MOSCOW – Indonesia keeps being optimist to accelerate the settlement of Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA).

Coordinator Minister in Economy Indonesian Republic, Airlangga Hartarto met with Minister of Trade EEC, Andrey Slepnev in his work visit to Moscow, Russian Federation, Monday (10/6). It was in the office of EEC and the meeting was running effectively and full of hopes.

Both parties appreciated their own efforts to encourage the completion of I-EAEU FTA. The negotiation was in the fourth round in Armenia on 18 - 20 March 2024. Both parties hoped the negotiation would be completed in the fifth round that would be taking place in Indonesia in July 2024.

“The Government of Indonesia thought, there would be more comprehensive economic cooperation with EAEU. I believe that FTA would positively deliver impacts for both parties,” Airlangga said, as in the official statement to InfoSAWIT, Monday (10/6/2024).

In the occastion, he also asked for Russia to help encourage the other members of EAEU to be in synergy to reach out the same goals both to accelerate the completion of I-EAEU FTA and about palm oil promotion from Indonesia.

EAEU in one big palm oil importer from Indonesia with the export values that reached US$ 544,64 million in 2023. Minister Airlangga hoped Russia and other EAEU members would help promote sustainable palm oil from Indonesia and do positive campaigns about it.

He believed palm oil from Indonesia that was exported to the partner countries has qualified health and sustainability standards and aspects. It is hoped EAEU would not implement discriminatory policy. Indonesia is open to get comprehensive discussion to get solution on every raising issue in palm oil export import sectors. (T2)