Source : https://www.spireresearch.com/newsroom/spirethoughts/an-agreement-to-boost-trade-between-indonesia-and-australia/

An agreement to boost trade between Indonesia and Australia


The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), is expected to increase trade flows between the two largest economies in the region.

The bilateral trade agreement will result in approximately 99% of Australian exports to Indonesia and 100% of Indonesian exports to Australia being tariff free or receiving preferential arrangements.

The agreement is also expected to enhance cultural understanding and people-to-people links, and reduce barriers to Australian service providers.

Will Australia-Indonesia economic ties enter a Golden Age?


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