Bangladesh and Indonesia on Thursday stressed early signing of Preferential Trade Agreement (PTA) within the ambit of which potential export items from both countries would be allowed to enter duty free, reports UNB.
Indonesia and Iran highlighted the need to finalize a trade agreement between the two countries during the visit of Iranian Foreign Minister Mohammad Javad Zarif to Jakarta on Monday.
The House of Representatives has recently approved a draft trade deal with the four-member EFTA that is expected to facilitate foreign investment and liberalize trade in goods and services, particularly commodities such as palm oil and raw metals.
Indonesia is one short step away from having its first trade agreement with European countries after legislators approved a bill over a deal between Indonesia and the European Free Trade Association (EFTA).
Nations of the D-8 should sign a much-needed preferential trade agreement to remove tariff and non-tariff barriers, ministers and entrepreneurs of the trade bloc said.
If Indonesia only focuses on the formal process in palm oil international trade, it may still lose the battle of public opinion that may risk its markets and consumers worldwide.
Besides protection and dispute settlement, the BIT also includes several key changes in terms of application and restriction.
A bilateral investment treaty between Singapore and Indonesia has come into force after being ratified in a virtual meeting on March 9.
Voters in Switzerland have given the green light to a free trade deal with Indonesia with a small majority of 51.6%.
The wheat sector is excited about the prospect of Canada entering into trade agreement negotiations with Indonesia.
Switzerland votes Sunday on a free trade deal with Indonesia but the agreement, which opens up a vast potential market, could slip up over the issue of palm oil imports.
The Swiss government has allocated grant funding of $65 million over a period of four years to the island nation, in order to promote inclusive and sustainable development.
A free trade agreement with Indonesia has sparked backlash and Switzerland’s first national referendum on palm oil imports. On the eve of the vote to take place March 7, SWI swissinfo.ch fact checks claims on sustainability.
Bilateral trade between Canada and Indonesia remains small — amounting to just over US$3.7 billion in 2019.
The Eurasian Economic Union (EAEU) is considering an opportunity of establishing free trade zones with Indonesia and Mongolia.
The FTA with Indonesia showcases a supposed sustainability, but it is only a large-scale scam.
The Eurasian Economic Union (EAEU) is conducting necessary work to conclude free trade agreements with Egypt, India, Indonesia, and Mongolia. In particular, EAEU plan to resume the negotiation process in the first half of the year, to hold negotiations along the tracks that they have.
Human rights defenders on the ground have been drawing attention for many years to the negative consequences of palm oil cultivation for small farmers, indigenous people and the environment.
Canada is exploring the merits of a trade agreement with Indonesia. International Trade Minister Mary Ng announced Jan. 11 that Canada was beginning public consultations.
Only implementation can show what the palm oil agreement with Indonesia is worth, says trade expert Elisabeth Bürgi Bonanomi.