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Jakarta Post

Financial services liberalization in jeopardy

Jakarta   /   Mon, August 29 2016   /  08:35 am

Last Sunday, on Aug. 21, the Indonesian diaspora in Brisbane, Australia, held a flag-raising ceremony right in the heart of the city, at the famous King George Square, to commemorate Indonesian Independence Day.

The Indonesian Ambassador to Australia, Nadjib Riphat Kesoema, in his remarks at the ceremony, specifically, mentioned the significant role of a successful Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) as a tool to further bilateral relations between the two nations.

This theme is particularly central in his remarks considering that both countries have earlier agreed to reactivate the negotiation of the IA-CEPA as one of the outputs from the Indonesian and Australian Trade Ministers meeting in March.

The IA-CEPA is expected to be a way forward for bilateral regional economic integration between Indonesia and Australia, which fi...