Indonesia pushes to finalise trade agreements in 2022

Indonesia will give priority to the early ratification of a number of bilateral trade agreements, particularly a comprehensive economic partnership agreement (CEPA) with the United Arab Emirates (UAE), according to the country's Trade Minister Muhammad Lutfi.

Thursday, January 20, 2022 11:20

Indonesia pushes to finalise trade agreements in 2022 ảnh 1

Indonesian Trade Minister Muhammad Lutfi (R) and UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi. (Source: The Jakarta Post/Norman Harsono)

Jakarta (VNA) – Indonesia will give priority to theearly ratification of a number of bilateral trade agreements, particularly a comprehensiveeconomic partnership agreement (CEPA) with the United Arab Emirates (UAE), according to the country's Trade Minister Muhammad Lutfi.

At a webinar on January 19, the minister said that hisministry will strive to finalise the CEPA by the end of March.

Currently, trade between the sides reaches 2.9 billion USD. Lutfiexpects the number to increase by 2 to 3 times after the pact goes into effect.

The ministry will also continue speeding up its negotiationsof the Indonesia-Bangladesh Preferential Trade Agreement (IB-PTA) as well as the country's bilateral trade agreements with Tunisia, Turkey, Iran, and the EU.

Earlier, in December 2021, the country's Coordinating Minister forEconomic Affairs also urged the Indonesian House of Representatives to soonratify a number of bilateral and multilateral trade agreements, including theRegional Comprehensive Economic Agreement (RCEP) and a free trade deal with theRepublic of Korea./.

VNA

#Indonesia #trade agreements #UAE #CEPA #Muhammad Lutfi #vietnam news agency #vietnamplus Indonesia

See more

Cargo trucks wait at a border crossing in Trat province bordering Cambodia. (Photo: bangkokpost.com)

Border tensions affect Thai economy

24/06/2025 04:12

The Thai-Cambodian Border Operations Centre on June 21 announced plans to support fruit farmers affected by border restrictions.

A Hoa Phat steel plant in Vietnam (Photo: VNA)

Malaysia ends anti-dumping duties on cold-rolled steel from Vietnam

24/06/2025 02:34

Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.

Singapore bolsters police capabilities with cutting-edge tech

23/06/2025 22:16

A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.

At the signing ceremony (Photo: the Malaysian Ministry of Investment, Trade and Industry - Bernama.com)

Malaysia signs economic partnership deal with EFTA

23/06/2025 21:04

The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.

Malaysia bolsters energy collaboration

23/06/2025 20:43

The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.

Massive fire destroys oil storage facility in Malaysia

23/06/2025 16:08

The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.

Police arrest Korean alleged gang members after rescuing a kidnapped victim from a villa in Bang Lamung district of Thailand's Chon Buri province on June 21. (Photo: Internet)

Thai police bust Korean scam gang, rescue kidnap victim

23/06/2025 16:07

Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.

Children participate in a game at the ASEAN Family Day 2025 (Photo: VNA)

ASEAN Family Day in New York spreads regional identity

23/06/2025 15:27

Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.

Cambodian Prime Minister Hun Manet (Photo: Yonhap/VNA)

Cambodia suspends imports of fuel, gas from Thailand

23/06/2025 15:20

In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.

Cambodia reports fifth fatal human H5N1 case of the year. (Photo: cidrap.umn.edu)

Cambodia reports new death from H5N1

23/06/2025 15:09

A laboratory result from Cambodia's National Institute of Public Health showed on June 20 that the man was positive for H5N1 virus.

Bangkok to host ASEAN’s largest soft power forum in July

23/06/2025 08:29

The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.

Foreign tourists visit Wat Pho Pagoda in Bangkok, Thailand. (Photo: Xinhua/VNA)

Thailand upgraded to Level 1 in US travel advisory

22/06/2025 22:03

The announcement places Thailand in the safest category, alongside destinations such as Japan, Australia, Canada, and Singapore.

In his article, Oscar Sanchez Serra highlights President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press. (Photo: VNA)

100 years of Vietnam’s revolutionary press: President Ho Chi Minh's far-sighted vision

22/06/2025 18:39

In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.

Participants at the high-level open debate of the UN Security Council (UNSC) on “Poverty, Underdevelopment, and Conflict: Implications for the Maintenance of International Peace and Security” in New York on June 20, 2025. (Photo: VNA)

Sustainable development plays vital role in maintaining int’l peace, security: Vietnamese official

22/06/2025 18:07

Vietnam stands ready to work with partners toward a more comprehensive, effective, and sustainable peace and security agenda of the UN.

Malaysian police and servicemen in an excercise. (Photo: Bernama)

Malaysia: 500 security personnel to be deployed for ASEAN meetings

22/06/2025 17:46

Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.

Thailand intensifies nationwide crackdown on cross-border syndicates

22/06/2025 16:01

Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.

Coordinating Minister for Economic Affairs Airlangga Hartarto answers questions from journalists on the sidelines of his official duties accompanying President Prabowo Subianto in St. Petersburg, Russia, on June 20. (Photo: ANTARA)

Indonesia concludes FTA talks with Eurasian Economic Union

22/06/2025 06:20

Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.