GCC, Indonesia seek to finalize trade talks this year

JAKARTA: The Gulf Cooperation Council and Indonesia are aiming to finalize their free trade agreement in 2026, trade officials said on Saturday as they wrap up the fourth round of negotiations. Indonesia has been working to enhance trade ties with GCC members, and already has a Comprehensive Economic Partnership Agreement with the UAE, its first with a Gulf nation. Jakarta and the GCC formally launched negotiations for a free trade agreement in July 2024, and have so far held four rounds of negotiations, the latest of which concluded on Friday in Riyadh.

Raccontata daarabnews.com