Australia is seeking to restart trade talks with Indonesia, Australian Minister for Trade and Investment Andrew Robb said, after a series of diplomatic spats left the negotiations in limbo.
In its quest for new markets and more opportunities, Vietnam — the rising star of ASEAN — signed a historic free trade agreement (FTA) with the newly established Eurasian Economic Union (EEU) on May 29 in Astana, the capital of Kazakhstan.
Indonesia has informed Singapore that it does not want to continue with a bilateral agreement signed in 2005 by both countries to promote greater investment flows, and this is an issue that must be addressed for both nations to boost economic ties, said Prime Minister Lee Hsien Loong.
Apart from its network of BITs, Indonesia is also a party to a number of multilateral and regional investment agreements such as the ASEAN Comprehensive Investment Agreement which also contain an ISDS clause, including recourse to ICSID arbitration.
Several existing investment agreements with a number of countries will soon be revised, bringing more certainty not only to foreign companies doing business in Indonesia but also to the government, a senior minister has said.
The Indonesian government is to restart long-delayed negotiations on a comprehensive economic partnership agreement (CEPA) with the European Union on 15 June.
Indonesia will aggressively pursue talks on free trade agreements with countries such as South Korea and the three European Economic Area (EEA) nations, in its latest move to boost exports, a government official said on Monday.
Pakistan is aiming to start negotiations on a free trade agreement (FTA) with Indonesia sometime this year, to expand on the current preferential trade agreement (PTA), which began in 2013.
Indonesia will resume free trade and economic partnership negotiations with important trading partners as President Joko "Jokowi" Widodo's administration steps up efforts to boost exports amid the country's economic slowdown.
Hong Kong, the world’s 10th largest trading economy, is seeking to expand its partnership both in trade and services with the Indonesian private sector to support a free-trade agreement (FTA) currently under negotiation.