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Jakarta Post

Indonesia, Switzerland committed to concluding IE-CEPA

  • News Desk

    The Jakarta Post

Jakarta   /   Mon, October 15, 2018   /   11:59 am
Indonesia, Switzerland committed to concluding IE-CEPA Trade Minister Enggartiasto Lukita (JP/Anton Hermansyah)

Trade Minister Enggartiasto Lukita has said Indonesia and Switzerland are committed to concluding the negotiations on the Indonesia-European Free Trade Association Comprehensive Economic Partnership Agreement (IE-CEPA).

The commitment to complete the negotiations between Indonesia and the European Free Trade Association (EFTA) was made during the meeting between Enggartiasto and Swiss Economic Minister Johann Schneider-Ammann on the sidelines of the 2018 Annual Meetings of the International Monetary Fund and World Bank Group in Nusa Dua, Bali on Friday.

The EFTA consists of four members: Iceland, Liechtenstein, Norway and Switzerland.

“The meeting was a follow up to our meeting in Zurich. Indonesia and Switzerland have a strong commitment to complete the IE-CEPA negotiations,” said Enggartiasto in a statement received by The Jakarta Post on Monday.

Indonesia is scheduled to host the final round of the IE-CEPA negotiation on Oct. 31. After the meeting, the five countries are expected to announce the completion of the negotiation in a ministerial meeting in Geneva, Switzerland on Nov. 23. (bbn)