sosmed sosmed sosmed sosmed
get app
Advertisement

Indonesia Eyes More Balanced Trade with Australia

Economics editor Wahyu Dwi Anggoro
29/01/2024 08:53 WIB
Indonesia has encouraged the increasing mutually beneficial trade and investment cooperation between Indonesia and Australia.
Indonesia Eyes More Balanced Trade with Australia. (Foto: Kemlu)
Indonesia Eyes More Balanced Trade with Australia. (Foto: Kemlu)

IDXChannel - Indonesia has encouraged the increasing mutually beneficial trade and investment cooperation between Indonesia and Australia

The statement was conveyed by Indonesian Vice Minister of Foreign Affairs Pahala Nugraha Mansury during a meeting with the Assistant Minister for Trade and Assistant Minister for Manufacture of Australia, Tim Ayres, in Jakarta on 26 January.

The Vice Minister of Foreign Affairs urged a more balanced trade between Indonesia and Australia. He invites both nations to optimize the implementation of IA-CEPA by reducing non-tariff barriers for Indonesian commodities, such as fishery and fruit products.

Additionally, Pahala welcomed a stronger cooperation between the two countries on critical minerals and energy sectors. He encouraged the two countries to complement the utilization of mineral resources to support the advancing of energy transition and to achieve net-zero emissions agenda.

In light of this, Indonesia and Australia are working on developing the EV ecosystem. In November last year, both countries signed a MoU on the Establishment of a Bilateral Mechanism to Progress Electric Vehicle Collaboration. 

Halaman : 1 2
Advertisement
Advertisement