This EU-Indonesia agreement, which comes after nearly a decade of talk, is a “major win” for the European sporting goods industry, FESI said.
The federation expects the deal to enhance trade and investment flows between the two regions, particularly benefiting the sporting goods sector.
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It will remove tariffs, simplify customs processes, improve regulatory collaboration, and promote more sustainable and resilient supply chains.
The agreement is anticipated to provide European brands with improved market access while offering Indonesian suppliers, including many small and medium-sized enterprises and increased opportunities to engage with European consumers.
FESI president Neil Narriman said: “The EU–Indonesia CEPA is a landmark step for our industry and one of the key priorities of my mandate at FESI. From the very beginning, we have consistently supported this agreement, engaging with partners in Europe and Indonesia to ensure the sporting goods industry’s voice was heard.
“Concluding this agreement as my presidency comes to an end is both symbolic and a lasting legacy for our sector. Once again, we are also strengthening our ties with the ASEAN region, further deepening mutually beneficial partnerships that open new opportunities for our industry and our partners alike.”
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By GlobalDataFESI has been supporting the CEPA since negotiations commenced in 2016.
The organisation has engaged in high-level discussions and coalition-building efforts to facilitate the agreement’s progress.
Key activities include meetings with senior Indonesian officials during the EU-ASEAN Summit in December 2022, a delegation visit to Jakarta led by FESI President Neil Narriman in June 2023, and discussions with Vice Trade Minister Dr. Jerry Sambuaga in September 2024.
These initiatives have reinforced the industry’s commitment to the CEPA and strengthened ties with Indonesia.
Next steps for EU-Indonesia CEPA
As the CEPA enters into its final phase following its conclusion, it will undergo legal review and translation before being presented for ratification.
FESI urges EU Member States and the European Parliament to expedite this process, emphasising that swift ratification will affirm the EU’s dedication to an open trade agenda.
The agreement aligns with broader EU policy objectives, including enhanced engagement in the Indo-Pacific region and improved cooperation with ASEAN nations.
In June this year, FESI supported the new Single Market Strategy released by the European Commission and called for streamlined labelling and Extended Producer Responsibility (EPR) schemes.
