Indonesia aims to hold the first round of negotiations on a comprehensive economic partnership agreement (CEPA) with the four-member Mercosur trade bloc in the first quarter of 2022.
According to a statement issued by the Trade Ministry on Dec. 16, negotiators settled on a framework CEPA agreement on Dec. 9 after two years of early negotiations between Indonesia and Mercosur, which consists of Argentina, Brazil, Paraguay and Uruguay.
Thus, ministers from Indonesia and Mercosur signed on Dec. 16 an agreement to begin CEPA talks, although the bloc was less clear on the timeline, saying in a separate statement that officials would “hold the first round of negotiations at the earliest opportunity.”
Source: TJP
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<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
