Indonesia Signs Free Trade Deal with Russian-led Eurasian Economic Union

RUSIA - JAKARTA. Indonesia and the Russia-led Eurasian Economic Union have signed a free trade agreement aimed at increasing two-way trade, Indonesia's trade ministry said on Monday.

The signing of the FTA took place in St. Petersburg, Russia, over the weekend, witnessed by Russian President Vladimir Putin, and leaders of other countries within the EAEU, which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Indonesia was represented by Trade Minister Budi Santoso.