Economics
Australia, Indonesia Wrap Up Talks on Free Trade Agreement
- Canberra was pushing for more beef imports into Indonesia
- Jakarta’s trade priority is removal of barriers and tariffs
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Indonesia and Australia announced the conclusion to talks on a free-trade deal as the Pacific neighbors attempt to boost economic ties.
In his first overseas trip since becoming Australia’s prime minister last week, Scott Morrison met with President Joko Widodo in Bogor, outside the capital Jakarta, where they committed to finalizing the Indonesia-Australia Comprehensive Economic Partnership Agreement. The two also signed memoranda of understandings on transport, the creative economy and cyber security cooperation.