The Eurasian Economic Union and Indonesia have officially consolidated the transition to a free trade regime. The agreement was signed during a meeting of the Supreme Eurasian Economic Council in St. Petersburg and opens up new opportunities for expanding trade between the countries of the association and one of the largest economies in Southeast Asia.
The document was signed by Russian Deputy Prime Minister Alexei Overchuk on behalf of the Eurasian Economic Union. As noted, the agreement creates a preferential access regime for the vast majority of Russian exports to Indonesia, the fourth most populous country in the world.
The key economic effect will be a significant reduction in the tariff burden. Indonesia's average import duty on Russian goods will be more than halved, from 8% to 3.2%. At the same time, a significant part of the products will be completely exempt from customs duties. 99% of the current volume of Russian exports to Indonesia will receive preferential access, which makes the agreement one of the largest trade regimes concluded by the EAEU with external partners.
According to the Russian Ministry of Economic Development, the agreement will provide a direct financial effect for businesses.
"Thanks to the exemption from duties, Russian companies will be able to save up to 3 billion rubles annually. The agreement also lays the foundation for the diversification of trade, the development of cooperation and cooperation in the fields of industry, agriculture, digital economy and other areas of mutual interest to the parties," said Maxim Reshetnikov, Minister of Economic Development of Russia.
He stressed that trade and economic relations between Russia and Indonesia are showing steady positive dynamics. Over the past five years, the bilateral trade turnover has grown 1.3 times, and in January–October 2025 it increased by more than 15%.
The agreement has a special significance in the context of regional integration. According to Reshetnikov, the document will allow Russia and other EAEU countries to expand their trade presence in the ASEAN markets, where Indonesia plays a strategic role.
Experts note that the free trade agreement with Indonesia strengthens the strategic turn of the EAEU towards the countries of the Global South and Southeast Asia, creating long-term conditions for the growth of non-primary exports, industrial cooperation and digital projects.
