INDONESIA AND AUSTRALIA SIGN ECONOMIC PARTNERSHIP ON TRADE AND INVESTMENT

Indonesian Trade Minister Enggartiasto Lukita and Australian Trade Minister Simon Birmingham signed the deal at a Jakarta hotel after the countries had been in talks since early in the decade, with diplomatic tension occasionally stalling the process..
The Indonesia-Australia Comprehensive Economic Partnership Agreement will eliminate all Australian tariffs on imports from Indonesia, while 94 percent of Indonesian tariffs will be gradually removed, a joint statement said.
Indonesia and Australia on Monday signed an economic partnership agreement aimed at boosting trade and investment between the two neighbors in areas ranging from cattle to education and cars to textiles…

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