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Could Indonesia introduce QRIS to Europe?

Summary by CEIAS
Washington cited Indonesia’s QRIS payment system as a non-tariff barrier during recent tariff negotiations, despite the system having become a key instrument of Indonesia’s soft diplomacy across Asia. With the right strategy, Indonesia could also promote its system in the EU. Key takeaways: QRIS is an Indonesian digital payment innovation that has been criticized by the US but which has significantly benefited Indonesia’s economy since its laun…
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CEIAS broke the news in on Tuesday, July 15, 2025.
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