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.
Trade
The final conclusion of negotiations on the Regional Comprehensive Economic Partnership was a landmark achievement for ASEAN.
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.
The free trade deal between Australia and Indonesia might not enjoy the smooth passage expected in the Indonesian parliament, after opposition this week raised concerns about trade imbalance.
“I often wonder nowadays where Australia’s Asia dream has gone. At one point, Australia was pushing hard to be considered a part of Asia. That ambition is disappearing.”
