Good news: EU-Indonesia CEPA to be signed next week.
EU Trade Commissioner @MarosSefcovic will be travelling to Malaysia for the ASEAN Economic Ministers meeting and Indonesia next week.
@ASEANCHAM_EU was was honoured to participate in ASEAN Family Day, organised in celebration of ASEAN Day. The event offered a wonderful opportunity to celebrate the diversity, culture, and togetherness of #ASEAN, reminding us of the strength of unity even in times of uncertainty
Today, we celebrate #ASEANDay, marking 58 years of unity and growth. ASEAN continues to drive economic collaboration, creating opportunities for businesses to thrive and shape the future together. #ASEAN58#EconomicGrowth#FutureOfASEAN
๐ A political agreement in the negotiations of the EU-Indonesia Comprehensive Economic Partnership Agreement: a major milestone toward strong, mutually beneficial trade and investment.
Appreciate collaboration with Pak @airlangga_hrt. Looking forward to conclusion in September.
Denmark takes over the Presidency of the European Council @EUCouncil from 1 July. We look forward to working with the Danish Presidency @DanishMFA to advance EU-ASEAN relations this semester!
Hej @eu2025dk ๐ช๐บ๐ฉ๐ฐ
A very warm welcome to Denmark as it begins its EU Council Presidency.
I look forward to working together on a safe and competitive Europe.
With Danish pragmatism and leadership, Europe is in good hands.โฉ
๐ธ๐ฌ and ๐ช๐บhave signed their Digital Trade Agreement! The #EUSDTA sets standards for digital trade and reduces barriers to cross-border data flows. It includes rules on e-signatures, spam and cyber security, lower costs for businesses and consumers and boosting services trade.
๐ช๐บ๐ค๐ธ๐ฌ Signed and sealed.
Digital tradeย is no longer a niche. It's central to global commerce and a driver of economic growth.
ย
The EU-Singapore Digital Trade Agreement - the EU's first - puts our partnership firmly in line with modern trade realities.
https://t.co/QmCC2QgxC6
The Council adopted a decision to sign a Digital Trade Agreement with #Singapore .
The new agreement will:
๐ enhance consumer protection online
๐ provide legal certainty for businesses
๐ ensure trusted data flows
๐ address unjustified barriers to digital trade
๐
Confused about how the USโ reciprocal tariffs have been calculated? Here is an explanation using Cambodia as an example below ๐ (credit to @ChannelNewsAsia)
Presidential Order here https://t.co/t1FuPU2mf4
Halving and rounding up gives the โreciprocal tariffโ of 49% levied on Cambodia. Assuming it is applied on all goods, imports of ๐ฐ๐ญ goods to ๐บ๐ธ of value US$1 will now cost US$1.49.