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?

For media enquiries, please contact:

Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com