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Indonesia


UK to assist Indonesia with registering process for CPTPP membership
The UK encourages Indonesia to follow suit, as Indonesia has already applied to join the bloc in September. During a recent meeting, UK Prime Minister Keir Starmer expressed support for Indonesia’s membership bid and offered to share the UK’s experience in the accession process. Both countries also discussed Indonesia’s candidacy for OECD membership, with the UK pledging technical support.
Canada, Indonesia agree to trade pact
Canada has concluded trade negotiations with Indonesia and is proposing nuclear energy collaboration with Southeast Asian leaders. These moves are seen as a demonstration of Canada’s commitment to multilateralism amid concerns about increased protectionism and geopolitical tensions under a second Trump presidency.
FTA with US ‘unlikely’ under Trump but nickel deal may be doable
While a free trade agreement (FTA) with the US could open up the market for Indonesian nickel, the incoming administration’s protectionist stance makes this less likely. Indonesia’s reliance on Chinese investment in its nickel industry could also complicate matters due to ongoing US-China trade tensions.
Indonesia, Japan agree to roll out amended IJEPA in 2025
Indonesia and Japan have agreed to expedite the ratification process of the Protocol to Amend the Indonesia-Japan Economic Partnership Agreement (IJEPA) with the aim of implementing it in 2025. This amendment will enhance cooperation in various areas, including trade in goods and services, e-commerce, and intellectual property.
Indonesia, Canada resolve all ICA-CEPA negotiation issues
Indonesia and Canada have completed negotiations for a new trade agreement. The agreement aims to boost trade, investment, and economic cooperation between the two countries.
Indonesia-Canada trade pact negotiations enter final stage
The negotiations of the trade deal between Indonesia and Canada have entered the final stage as the two economies wish to substantially conclude the agreement later this week.
Kenya and Indonesia forge ties with new bilateral investment treaty
Kenya has expressed interest in furthering cooperation with Indonesia, particularly in the textiles, apparel, energy, mining, and oil production sectors.
Analysis: Jokowi’s last goal, to join CPTPP free trade agreement
Indonesia is seeking to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a major free trade agreement in the Asia-Pacific region. This move aims to increase Indonesia’s trade and investment opportunities, especially with countries like Mexico, Peru, and Chile.
IEU-CEPA agreement hampered by reshuffle in EU: Minister
Indonesia’s negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) have been slowed due to a change in the European Union cabinet. While the negotiations are nearing completion, changes in European negotiators have led to revised requirements for Indonesia.
RI has made official request to join CPTPP: Airlangga
Indonesia has officially applied to join the CPTPP. The decision comes after both the incumbent and incoming presidents expressed support for joining the trade agreement. While Indonesia has been hesitant to join in the past due to its focus on the RCEP, it now sees the CPTPP as a way to stay competitive and expand its trade partnerships.
Indonesia pushes for ATIGA upgrade signing in 2025
ndonesia is pushing for the completion of the upgraded ASEAN Trade in Goods Agreement (ATIGA) in 2025. The agreement aims to strengthen economic cooperation among Southeast Asian countries. Indonesia has been actively involved in the negotiations and is committed to monitoring its implementation.
Indonesia-Peru speed up to complete comprehensive economic agreement
Indonesia and Peru are working to finalize a free trade agreement. The two countries held talks in September to discuss trade, investment, and other economic issues. They aim to increase trade volume between them and have agreed on a visa-free agreement for diplomatic and official passport holders.
I-GCC FTA first round negotiations run well: Trade Ministry
The first round of negotiations for the Indonesia-Gulf Cooperation Council FTA (I-GCC FTA) was held in Jakarta. Both parties agreed to continue negotiations and aim to finalize the agreement within 24 months.
Indonesia ready to negotiate free trade agreement with Pakistan: Envoy
Rahmat Hindiarta Kusuma, Charge d’Affaires of the Indonesian Embassy, said Indonesia is ready to negotiate a free trade agreement (FTA) with Pakistan.
GCC, Indonesia begin free trade agreement negotiations
The GCC and Indonesia are launching negotiations for a free trade agreement. The talks aim to reduce tariffs, simplify trade procedures, and promote investment. The agreement is expected to strengthen economic ties between the two regions.
The EAEU plans to establish free trade agreements with several countries
The Eurasian Economic Union intends to expand its network of free trade zones by signing agreements with several countries, including Egypt, the UAE, India, and Indonesia.
Indonesia-EU CEPA negotiations 90% complete: minister
The negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) are nearing completion and are expected to be finalized this month. The agreement aims to reduce trade barriers between Indonesia and the EU, including tariffs and non-tariff barriers. Both parties have expressed their commitment to finalizing the negotiations before the new Indonesian government takes office in October.
Indonesia eyes export growth with RoK via IK-CEPA
The Indonesian Government is aiming to expand exports to the Republic of Korea (RoK) through the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA), which has been in effect for the past year.
Indonesia pushes for concluding negotiations on IEU-CEPA in September
Trade Minister Zulkifli Hasan is pushing for the completion of negotiations on the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) in September 2024.