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The Indonesia–Australia Comprehensive Economic Partnership Agreement (IA-CEPA; Indonesian: Perjanjian Kemitraan Ekonomi Komprehensif Indonesia–Australia) is a bilateral agreement signed between Australia and Indonesia in March 2019, ratified by Australia in November 2019 and Indonesia in February 2020. The agreement contains a free trade ...
The ministry, as Presidential Decree No. 199/2024 outlined, is the planning, regulating, and decision-making of the creative economy policies in Indonesia. The ministry is organized in the following manner: [4] Office of the Ministry of Creative Economy; Office of the Deputy Ministry of Creative Economy; Ministry Secretariat; Board of Experts
A bilateral free trade agreement is between two sides, where each side could be a country (or other customs territory), a trade bloc or an informal group of countries, and creates a free trade area.
The Comprehensive Economic Partnership for East Asia (CEPEA) is a Japanese led proposal for trade co-operation and free trade agreement among the 16 present member countries of the East Asia Summit.
In 2011, the Indonesian government announced a new Masterplan (known as the MP3EI, or Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia, the Masterplan to Accelerate and Expand Economic Development in Indonesia). The aim was to encourage increased investment, particularly in infrastructure projects across Indonesia. [153]
The EFTA Surveillance Authority performs a role for EFTA members that is equivalent to that of the European Commission for the EU, as "guardian of the treaties" and the EFTA Court performs the European Court of Justice-equivalent role. The original plan for the EEA lacked the EFTA Court: the European Court of Justice was to exercise those roles.
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.
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.