Russian State Duma Ratifies EAEU-Indonesia Free Trade Agreement
The Russian State Duma has officially adopted a law ratifying the free trade agreement between the Eurasian Economic Union (EAEU) and Indonesia. This legislative move, confirmed on May 13, 2026, marks a significant step in formalizing economic ties between the bloc and the Southeast Asian nation. The agreement was originally signed on December 21, 2025, during the Supreme Eurasian Economic Council meeting in St. Petersburg. Its primary objective is to deepen the economic partnership and establish a preferential trade regime for the vast majority of goods exchanged. According to Russian Prime Minister Mikhail Mishustin, the deal covers more than 98% of bilateral trade between Indonesia and Russia. The EAEU currently comprises Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. This ratification facilitates smoother commercial interactions and reduces trade barriers, potentially boosting energy and commodity exchanges, as indicated by recent reports on Russian oil deliveries to Indonesia. The event underscores the expanding geopolitical and economic cooperation between the Eurasian bloc and key Asian markets.
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