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Jakarta opts not to confront China on trade
The Indonesian government will not attempt to renegotiate a free trade agreement between Southeast Asian nations and China that will go into effect on January 1, but will request a delay in eliminating import tariffs on more than 300 Chinese products, officials said on Tuesday.
Lawmakers grill Mari over feasibility of planned FTAs
Lawmakers have demanded that Trade Minister Mari Elka Pangestu make available the feasibility studies on the proposed free trade agreements (FTAs) following business community concerns that losses may outweigh gains.
‘Indonesia has not expressed interest in FTA’
Indonesia and the European Union signed a Partnership and Cooperation Agreement (PCA) on Monday that will bring Southeast Asia’s largest economy and the largest regional grouping in the world under one umbrella for cooperation on the economy, environment, education, human rights and democracy.
Indonesia Seeks Opportunity From Expanding Asean, Bilateral FTAs
Indonesia is upbeat on its growing trade with China, South Korea, India, Australia and New Zealand following plans to set up Free Trade Area (FTA) pacts with those countries under the Association of Southeast Asia Nations (Asean) agreement and by bilateral agreements, a senior official at the Indonesian Trade Ministry said here on Monday.
RI, NZ bilateral FTA arrangements to conclude within months: FM
Indonesian and New Zealand Free Trade Agreement talks under the auspices of the ASEAN bloc have been progressing well despite the economic crisis and both countries expect the bilateral arrangement can be concluded within months, say foreign ministers.
UAE advises Indonesia to sign FTA with GCC
The United Arab Emirates (UAE) has proposed to Indonesia to enter into a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC), Indonesian Ambassador to the UAE M Wahid Supriyadi said.
Indonesia and Chile are exploring free trade agreement possibilities between the two countries
To meet the interest of Chile becoming a bridge between Asia-Pacific markets including Indonesian and South American, especially Latin America markets near to the Atlantic ocean, Indonesia and Chile are discussing the possibility of free trade agreements of both countries.