Promoting and supporting SMEs' economic activities outside the EU has always been an important part of the EU’s overall competitiveness strategy outlined in the Europe 2020 flagship communication. In line with this strategy, the EU seeks to improve market access and develop trade, investment and business opportunities for European companies, in particular SMEs, through economic partnerships and business and regulatory cooperation. Cooperation with industrialised and other high-income countries and territories (ICI) has proven to be an effective tool in providing a differentiated and appropriate response to widen and deepen the cooperation between the EU and countries around the world.
Implemented in 2007, the programme was recently extended to benefit developing countries, under the name ICI+. The ICI+ programme seeks to further deepen bilateral ties between the EU and important political and trade partners as well as stakeholders in multilateral organisations and global governance. Indonesia’s share of trade and investment with the EU is relatively small, particularly when taking into account Indonesia’s market size and its role in the ASEAN region. ICI+ therefore intends to provide a platform to further market opportunities. The EIBN is one of two complementary components supported under the five-year EU project. The second part of the programme supports EuroCham in enhancing analysis and advocacy to improve the market access of European companies to the Indonesian market.
Know more about EU ICI+ SEBSEAM projects and organizations supported by the programme in other ASEAN countries: