Trade Minister Budi Santoso said the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) is expected to take effect in January. Indonesia's Trade Minister Budi Santoso said the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA). Indonesia and the European Union have signed a long-awaited trade deal that comes as Asian countries reposition themselves in a landscape reshaped by U.S. The pact, which Jakarta and the.