At the individual commodity level, palm oil, footwear, shrimp, natural rubber, coffee, and essential oils are among the products that could benefit from tariff provisions under I-EAEU FTA.
These export opportunities could help Indonesia diversify its trading destinations while increasing sales of value-added products in international markets.
However, trade agreements do not automatically guarantee higher exports. Businesses must still comply with rules of origin, quality standards, technical requirements, and other regulations imposed by destination countries.
Exporters also need to understand the procedures for claiming preferential tariffs to ensure Indonesian products receive the full benefits of the agreements.
The government is therefore seeking to align the use of CEPA and FTA agreements with commodities that have strong domestic production bases and significant demand potential in partner markets.
“Going forward, the government’s focus is to align the utilization of CEPA and FTA agreements with leading commodities that have strong domestic production bases and significant market potential in partner countries. Through this strategy, the benefits of trade agreements are expected to translate directly into a substantial improvement in national export performance,” Airlangga said.
The initiative is expected to deliver more tangible economic benefits from Indonesia’s international trade agreements, ranging from higher exports to broader market opportunities for the country’s leading products.
