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Indonesia and Australia Agree Simplified Customs Process to Boost Trade

Economics editor Wahyu Dwi Anggoro
08/08/2024 14:09 WIB
Businesses in Australia and Indonesia are set to benefit from a simplified customs process.
Indonesia and Australia Agree Simplified Customs Process to Boost Trade. (Foto: ABF)
Indonesia and Australia Agree Simplified Customs Process to Boost Trade. (Foto: ABF)

In 2022-2023, Indonesia was Australia's 13th largest two-way trading partner by value and 9th largest export market. Indonesia is also on track to become one of the world's ten largest economies by the mid-2030s and the fourth largest economy by mid-century. 

Australia has now signed arrangements with Canada, the People's Republic of China, Hong Kong Special Administrative Region, Japan, the Republic of Korea, New Zealand, Singapore, Taiwan, Thailand and India.

Indonesia has also signed with The Republic of Korea, Hong Kong Special Administrative Region, the United Arab Emirates, and ASEAN. (Wahyu Dwi Anggoro)

Halaman : 1 2 Lihat Semua
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