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Shortly after Indonesia's ratification of the agreement, Australia's Monash University revealed plans to open a campus in Indonesia, becoming the first foreign university to do so in Indonesia. [20] Indonesian economic observers remarked that the free trade agreement may lead to increased imports of agricultural products, primarily Australian ...
The Timor Gap refers to the 60,000 square kilometre "coffin-shaped" area between Australia and East Timor. [6] The area contains several oil and gas reserves. The exact value of the resources contained in the Timor Gap is unknown, but three of the largest reserves, Elang-Kakatua, Bayu-Undan and Sunrise-Troubadour are estimated to hold US$17 billion worth of oil.
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Australia and Indonesia have established diplomatic relations since 27 December 1949, [1] when Australia recognised Indonesia's independence. [2] [3] Historically, contact between Australians and Indonesians began as early as the 16th century prior to the arrival of the Europeans, through Makassan interactions with indigenous Australians on Australia's western and northern coasts.
SYDNEY (Reuters) -Australia and Indonesia agreed a treaty-level defence cooperation agreement which allow Australian and Indonesian militaries to operate from each other's countries, Australian ...
A tax treaty, also called double tax agreement (DTA) or double tax avoidance agreement (DTAA), is an agreement between two countries to avoid or mitigate double taxation. [1] Such treaties may cover a range of taxes including income taxes , inheritance taxes , value added taxes , or other taxes. [ 2 ]
In 2017, East Timor terminated CMATS, claiming it was invalid, due to Australian intelligence operations in 2004. [3] Following a resolution at the Permanent Court of Arbitration, CMATS was succeeded in 2018 by the Treaty Between Australia and the Democratic Republic of Timor-Leste Establishing Their Maritime Boundaries in the Timor Sea. [4]
No substantial treaty has been entered into between the government of Australia and the Indigenous people of Australia. [1] [2] Some prior treaties exist in pockets, such as Batman's Treaty, but these are not substantial government treaties, i.e. treaties between the Government of the day and the traditional custodians of the land.