Indonesia-Australia Comprehensive Economic Partnership Agreement

The Governments of Indonesia and Australia began negotiations for a free-trade agreement in November 2010. They decided that the agreement, known as the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), would cover economic cooperation, trade and investment issues, with the objective of building a higher-level and mutually beneficial partnership between the two countries.

IA-CEPA was signed on 4 March 2019 after 12 rounds of negotiations. The agreement creates a framework for Australia and Indonesia to unlock the potential of the bilateral economic partnership, laying the groundwork for economic cooperation between businesses, communities and individuals.

IA-CEPA will provide Australian and Indonesian businesses with the opportunity to expand and diversify the economic partnership by reducing non-tariff barriers to trade and simplifying required paperwork. This economic partnership will strengthen the bilateral relationship between our two countries.

Australian Trade Minister Simon Birmingham, Indonesian Vice President Jusuf Kalla, Indonesian Trade Minister Enggartiasto Lukita, and Australian and Indonesian officials at the IA-CEPA signing ceremony, Jakarta, March 2019.