South Korea and Indonesia reach final agreement on free trade deal

Countries to sign pact next year, removing tariffs on steel, autos and beer

20191125 SOUTHKOREA-INDONESIA/WIDODO

Indonesian President Joko Widodo, left, and South Korean President Moon Jae-in intend to sign the trade deal early next year. © Reuters

KIM JAEWON and SHOTARO TANI, Nikkei staff writers

BUSAN/JAKARTA -- South Korea and Indonesia on Monday wound up seven and a half years of negotiations on a free trade deal, with an agreement to remove tariffs on steel, autos and beer.

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