Trade Minister visits Indonesia

Media release

17 April 2011

Trade Minister Craig Emerson will this week visit Jakarta, where he will hold talks with his Indonesian counterpart Dr Mari Pangestu.

This is Dr Emerson's first visit to the country as Trade Minister, and comes as Australia and Indonesia prepare for negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

Prime Minister Julia Gillard and Indonesian President Susilo Bambang Yudhoyono launched the CEPA process in November last year.

"As the two largest economies in south-east Asia, there is considerable scope for Australia and Indonesia to strengthen and expand their economic relationship," Dr Emerson said.

"The Indonesian economy, with 234 million people, has been growing strongly and could be in the top 10 globally by 2025."

Besides the CEPA negotiations, Ministers will discuss Indonesia's ratification of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) and the Doha Round of multilateral trade negotiations.

Dr Emerson and Dr Pangestu will also discuss the finalisation of a joint pilot project designed to help improve Indonesia's cattle-breeding performance.

Indonesia is Australia's fourth-largest market for agricultural exports, behind Japan, China and the US. In 2009-10, the value of two-way trade between Australia and Indonesia was A$11.8 billion.

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