Since the last standoff between China and Indonesia in 2016, Indonesia has been increasing its defence, but not to the extent that it has deterred China from causing problems.
Trade
The Indonesian government is set to implement a new import regulation that will lower the maximum value of tax-free imported goods at the end of this month.
Indonesia is often presented as one of Australia’s most important neighbours and strategic allies, with formal diplomatic relations between the two nations marking a 70-year milestone last month.
As both countries are set to capture the opportunities presented by the IA-CEPA, this AIC Backgrounder explores how young people can play a critical role in boosting trade growth.
As disputes over palm oil and nickel head to World Trade Organization, residents affected by respiratory infections and other problems say they feel trapped.
“In addition to having a negative impact on exports of Indonesian palm oil to the EU, it will also create a bad image for oil palm products in global trade.”
“Together, we have agreed to deepen our cooperation in the areas of peace keeping, humanitarian assistance and disaster relief, and of course maritime security.”
Indonesian textiles and clothing exports is growing at a rate marginally faster than that of the country’s GDP, but the overall downward trend continues, a new market intelligence report suggests.
