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FTA deal on course

Adelaide Advertiser

FTA deal on course

19 April 2005

AUSTRALIA and Indonesia will develop a framework that could provide the building blocks for a free trade deal between the two countries<

Trade Minister Mark Vaile had a meeting with his Indonesian counterpart, Mari Pangestu, in Indonesia yesterday and said the two would work on the framework as a way of helping exporters in both nations.

"The trade and investment framework will improve the facilitation of trade in goods and services and investment for both Australian and Indonesian businesses," he said.

Two-way trade reached $8.5 billion last year, with about 400 Australian firms operating in Indonesia.