Indonesia
Comprehensive Economic Partnership Agreement (CEPA), in force since 1 November 2021
Information on the free trade agreement
The EFTA states (Iceland, Liechtenstein, Norway and Switzerland) and Indonesia signed a "Comprehensive Economic Partnership Agreement" (CEPA) in Jakarta on 16 December 2018.
The agreement strengthens legal certainty and the predictability of bilateral economic relations, and promotes cooperation between the relevant authorities. Parliament approved the CEPA in the 2019 winter session. A referendum was called against the approval of the agreement, and the electorate approved it on 7 March 2021. It entered into force on 1 November 2021.
The tariff concessions are designed to benefit all major Swiss export industries, in both the industrial and agricultural sectors. In return, Switzerland will grant Indonesia tariff-free access for industrial products. The tariff concessions in the agricultural sector are broadly in line with those in other free trade agreements.
The palm oil concessions are however a first for Switzerland. Accompanying measures have been put in place establishing clear requirements for sustainable palm oil trade, through which Switzerland contributes to international efforts to raise sustainability standards in this area.
Related topics
Free trade partners of Switzerland
List of all Switzerland's free trade partners with the legal basis for each country.
Trade in services
Switzerland pursues its foreign trade policy in the services sector through the World Trade Organisation (WTO-GATS), as well as through sector-specific agreements with European partners and free trade agreements with other key trading partners.
Content of free trade agreements
A free trade agreement (FTA) aims to facilitate and promote trade between two or more countries by reducing or eliminating trade barriers. Switzerland's FTAs cover a broad range of subject areas.
Contact
Foreign Economic Affairs Directorate
World Trade / Free Trade Agreements/EFTA Division
Holzikofenweg 36
3003 Bern