BeijingThe deal zeroes tariffs on $3 billion trade.

The commission’s chairman says ratification is underway, expected by December.

Zero tariffs mean little without a settlement channel, since sanctions exposure discourages correspondent banks from clearing the trade.

Indonesia’s trade ministry has not detailed how the two sides will settle payments.

How each outlet framed it
TASS
cites EAEU-Indonesia trade agreement timeline (end-2026) with $3 billion tariff-reduction impact

Sources: TASS