Indonesia, Australia optimistic about economic cooperation
Indonesian Trade Minister Muhammad Lutfi is optimistic that trade exchanges between Indonesia and Australia will revive under the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).
Illustrative image (Photo: JOC)Lutfi said bilateral trade in the first half of 2021 has grown positively compared to 2020. This is a good sign and the two countries will further strengthen cooperation.
The COVID-19 pandemic has set a major obstacle to trade between the two countries. However, two-way trade should stabilise after the border is reopened as soon as possible.
Australian Trade Minister Dan Tehan said the two sides will strengthen economic cooperation more comprehensively. He said there are many potential investment areas in Indonesia, including education, renewable energy, minerals and rare earth metals.
Another potential area is the development of electric cars in Indonesia, and Australia is very confident to become a supplier of some important materials to help Indonesia develop electric vehicles in the future./.
You should also see
PM visits police command centre, checks cultural centre construction in Phu Tho
Prime Minister Pham Minh Chinh visited the command and control centre of the Phu Tho police and examined the construction of this northern province’s house of culture and arts on April 18.
See more
World
Cambodia sees record number of tourists during traditional New Year holiday
Cambodia recorded almost 22 million domestic and international visitors travelling to different tourist destinations nationwide during the four-day traditional New Year holiday, from April 13 to 16.
World
Indonesia raises alert level to highest, warns of tsunami as volcano erupts
An airport in Madano city, the capital of Indonesia’s North Sulawesi province, has been ordered closed while hundreds of people evacuated and the alert level raised to the highest on April 18 due to large-scale volcanic eruptions of Mount Ruang.
World
ASEAN culture promoted in Mexico
Typical and diversified culture of ASEAN countries is being promoted at the ongoing ASEAN Week at the headquarters of Mexico’s Chamber of Deputies in Mexico city from April 15-19.
World
Thailand, New Zealand agree to elevate ties to strategic partnership
Thailand and New Zealand on April 17 agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.
World
Japan’s 2024 Diplomatic Bluebook sketches out cooperation orientation with ASEAN
The Foreign Ministry of Japan on April 16 announced its 2024 Diplomatic Bluebook, which clarifies the country's orientations to expand relations with the Association of Southeast Asian Nations (ASEAN) in general and Vietnam in particular.
