The 15th Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Free Trade Association (EFTA), held from April 23-27, 2018 in Banten, was hampered by market access issues. The talks discussed a number of issues related to trade in goods, services and investments.
The CEPA negotiations with EFTA are expected to bring economic benefits, including wider market access, increased exports of goods and services, and investment. Cooperation programs are also expected to be obtained from EFTA member countries in particular to enhance Indonesia's competitiveness in Europe as well as the global market. In addition to market access, trade agreements can also aid the entry of Indonesian export products into the EU market.