Indonesia has proposed an Indonesia-Mercosur trade deal, a narrow PTA, and asked Brazil to broker it after broader CEPA talks stalled.
Brazil · Trade
Key Facts
First step Indonesia proposed a narrow preferential trade agreement (PTA) with Mercosur at the BRICS Trade Ministers’ Meeting in Jaipur, India, on Aug 7, 2026.
Stalled CEPA The broader Indonesia-Mercosur Comprehensive Economic Partnership Agreement is stuck over how wide and deep the deal should be.
Consensus ask Jakarta asked Brazil to bridge differences and build alignment among Mercosur members on the PTA.
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