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EU–Indonesia CEPA to unlock $352 mn for European sports industry: FESI

FESI has welcomed the EU–Indonesia CEPA, expected to unlock €300 million (~$352.4 million) annually for the sporting goods industry.
The deal eliminates tariffs, streamlines customs, and boosts trade and supply chain resilience.
Backed by Adidas, Nike, and Puma, FESI’s advocacy since 2016 helped shape the agreement, now awaiting ratification to strengthen EU–ASEAN ties.FESI has welcomed the EU–Indonesia CEPA, expected to unlock €300 million (~$352.4 million) annually for the sporting goods industry.
The deal eliminates tariffs, streamlines customs, and boosts trade and supply chain resilience.
Backed by Adidas, Nike, and Puma, FESI’s advocacy since 2016 helped shape the agreement, now awaiting ratification to strengthen EU–ASEAN ties.

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