Indonesia’s collaboration with the Eurasian Economic Union (EAEU) is being positioned as a critical step toward diversifying the country’s export markets beyond traditional destinations. The partnership, which is still under negotiation, is expected to open access to new customer bases and reduce dependence on established markets such as China and the United States. Government officials emphasize that the free trade agreement (FTA) with Eurasia will enhance competitiveness for Indonesian products, particularly in sectors like palm oil, fisheries, and automotive components.
In addition to expanding export opportunities, the deal is part of Indonesia’s broader economic strategy to navigate global uncertainties and safeguard trade resilience. The FTA is also expected to stimulate investment inflows and improve trade balance through more favorable tariffs and access to raw materials. Indonesian negotiators are hopeful that the agreement will be finalized soon, reinforcing Indonesia’s role in the global economy and strengthening ties with non-traditional trade partners.
