Inp.polri.go.id - Jakarta. Indonesia is targeting a 100 percent increase in exports to the Eurasian Economic Union (EAEU) following the planned signing of the Indonesia–EAEU Free Trade Agreement, Minister of Trade Budi Santoso said  on Friday (12/12/2025). 

The agreement covers trade with Russia, Kazakhstan, Armenia, Belarus, and Kyrgyzstan and is expected to eliminate import tariffs on Indonesian products.

“Our target is to double exports, a 100 percent increase,” Minister Budi said, as cited by antaranews.com.

He explained that the zero-percent tariff under the I-EAEU FTA will significantly improve the competitiveness of Indonesian goods, including palm oil, textiles, manufactured products, and fisheries. Indonesia also imports capital goods from the region, such as wheat and fertilizer.

In 2024, bilateral trade reached USD 4.1 billion, with Indonesian exports totaling USD 1.5 billion, up 36 percent year on year. The agreement is expected to be signed at the EAEU Summit in St. Petersburg on 20 and 21 December 2025.

(mg/inp/pr/rs)