Indonesia says trade, investment deal with Australia takes effect | Malay Mail

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JAKARTA, July 5 — An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect today, Indonesia’s Trade Ministry said. The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), signed last year and...

JAKARTA, July 5 — An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect today, Indonesia’s Trade Ministry said.

“Covid-19 has resulted in economic slowdown in nearly all countries,” Trade Minister Agus Suparmanto said in a statement. “IA-CEPA momentum can be used to maintaining Indonesian trade and improve competitiveness.”

 

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