PRESSURE ON FOR PROGRESS ON EU-INDONESIA FREE TRADE AGREEMENT
May 1st, 2016
Indonesian negotiators must press harder to make progress on the European Union (EU)-Indonesia free trade agreement or textile manufacturers risk losing market share to neighbouring competitors like Vietnam, according to the Indonesian Textile Association (API - Asosiasi Pertekstilan Indonesia). Its chairman Ade Sudrajat told WTiN.com that Indonesian textile manufacturers supported an agreement that could increase access to European markets: “Businesses need the confidence of more opportunities in Europe. Foreign direct investment (FDI) is important but the ...
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