The Economic Partnership Agreement between the states of the European Free Trade Association (EFTA) and Indonesia will enter into force on 1 November. In anticipation of this, on 24 September the Federal Council adopted the last ordinance amendments necessary to implement the customs concessions provided for in the agreement. It is hoped that the new agreement will stimulate trade relations between the EFTA states and Indonesia.
Source: EFTA-Indonesia Economic Partnership Agreement to enter into force on 1 November 2021