St. Petersburg, June 21 -- Coordinating Minister for Economic Affairs Airlangga Hartarto has announced that the free trade agreement (FTA) between Indonesia and the Eurasian Economic Union (EAEU) is set to be signed during the EAEU Summit in December this year.

The two parties had concluded their negotiations on the free trade agreement, as earlier declared by President Prabowo Subianto and his Russian counterpart, Vladimir Putin, he told journalists at the hotel lobby where the Indonesian head stayed in St. Petersburg on Friday (June 20).

"The FTA with the Eurasian Economic Union has been concluded. All negotiation materials have been finalized and agreed upon by both parties," Minister Airlangga said in response to a reporter's questi...