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IA-CEPA contains clauses on bilateral free trade, investments, skills training visas, investor arbitration, e-commerce, and intellectual property protection. [1] Indonesia, under the agreement, will remove tariffs from nearly all Australian products exported to Indonesia while all Indonesian products exported to Australia will be free of tariffs. [2]
Indonesia has bilateral agreements with the following countries and blocs: [1] Australia (Indonesia–Australia Comprehensive Economic Partnership Agreement) Chile (Indonesia–Chile Comprehensive Economic Partnership Agreement) EFTA (Indonesia–EFTA Comprehensive Economic Partnership Agreement) Iran (Indonesia–Iran Preferential Trade Agreement)
Chile was the first country in Latin America to have a bilateral trade agreement with Indonesia. [ 10 ] In addition to the free trade agreement, both countries had agreed to enter negotiations regarding trade in services , a process expected to begin in the last quarter of 2020.
EFTA: Indonesia–EFTA Comprehensive Economic Partnership Agreement: IECEPA 31 January 2011 16 December 2018 1 November 2021 Iran: Indonesia–Iran Preferential Trade Agreement: IIPTA 23 November 2023 Japan: Indonesia–Japan Economic Partnership Agreement: IJEPA 20 August 2007 20 August 2007 1 July 2008
[2] [7] The South Korean National Assembly ratified the agreement on 29 June 2021, [4] while Indonesia's People's Representative Council ratified the agreement on 30 August 2022, together with the Regional Comprehensive Economic Partnership. [1] It was officially implemented on 1 January 2023, coinciding with the 50th year of bilateral ...
A comprehensive economic partnership agreement (CEPA) or comprehensive economic cooperation agreement (CECA) is a free trade agreement between two countries and may specifically refer to: Armenia-EU Comprehensive and Enhanced Partnership Agreement; Australia–India Comprehensive Economic Cooperation Agreement
After 1966, Indonesia welcomed and maintained close relations with the international donor community, particularly the United States, western Europe, Australia, and Japan, through the meetings of the Inter-Governmental Group on Indonesia (IGGI) and its successor, the Consultative Group on Indonesia (CGI), which coordinated substantial foreign ...
Chile and Indonesia established diplomatic relations in 1965. Both are members within the Non-Aligned Movement, WTO, Pacific Economic Cooperation Council, Asia-Pacific Economic Cooperation, and the Cairns Group. Indonesia maintains an embassy in Santiago. [1] Chile maintains an embassy in Jakarta. [2]