The trade deal was signed by Indonesian Minister of Trade Zulkifli Hasan and Minister of Economy of the UAE Abdulla bin Touq Al Marri on July 1, on the sidelines of President Joko Widodo's working visit to Abu Dhabi. The Indonesian President positively welcomes the completion of the IUAE-CEPA, said Trade Minister Hasan in a statement. This agreement is Indonesia's entry point to the UAE, which is a hub for increasing exports to non-traditional destination countries, such as the Gulf, Middle East, Africa, and South Asia. The signing of the IUAE-CEPA is also a historic moment, as it is the first time that Indonesia has a trade agreement with a country in the Gulf region. He said he hopes that when the IUAE-CEPA takes effect, improvement of the performance of the trade and investment sectors, driven by the IUAE-CEPA, can further accelerate post-pandemic economic recovery and increase Indonesia's competitiveness. Meanwhile, Director General of International Trade Negotiations at … [Read more...] about New trade deal expected to boost Indonesia’s exports to Middle East
Iuae cepa
Indonesia advocates strong economic cooperation with Canada
Indonesian President Joko Widodo and Canadian Prime Minister Justin Trudeau (Photo: https://en.antaranews.com/ Jakarta (VNA) – Indonesia n President Joko Widodo (Jokowi) has encouraged the establishment of strong economic cooperation between Indonesia and Canada, as the two countries commemorate 70 years of diplomatic relations this year. At bilateral talks with Canadian Prime Minister Justin Trudeau on the sidelines of the G7 Summit in Elmau, Germany, on June 27, Jokowi said the two countries should continue to encourage the spirit of cooperation, the spirit of collaboration, and the spirit of multilateralism to face the current global challenges. According to a press release on June 28 of the President’s Executive Office, to strengthen economic cooperation , the president urged the conclusion of negotiations on the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) in 2023 to send a positive signal to the business sectors in the two … [Read more...] about Indonesia advocates strong economic cooperation with Canada