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Indonesia hopes to conclude CEPA talks with Australia in August
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Darmin Nasution (JP/Wienda Parwitasari)
T
he government said it was hoping to conclude negotiations on the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA CEPA) in August after failing to do so in December last year.
Coordinating Economic Minister Darmin Nasution said on Friday the two nations were still discussing some technical aspects regarding goods and services, making it clear that they were minor issues.
"There are some matters that have to be finished. We will finish it as soon as possible, in August at the latest," he said after a limited Cabinet meeting at the Presidential Palace in Jakarta.
Previously, Trade Minister Enggartiasto Lukita said Jakarta and Canberra have resolved 90 percent of the issues discussed in the trade agreement.
He said Australia was asking for a higher tariff rate quota for beef. Canberra previously proposed that Indonesia impose a special tariff for its beef. Indonesia agreed to grant a special tariff, but the two nations have not yet agreed on the quota. (ahw)
