Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia, Morocco start PTA negotiations

Indonesia, Morocco start PTA negotiations Workers oversee a crane moving a container onto a cargo ship at Tanjung Perak Port in Surabaya, East Java. (JP/Wahyoe Boediwardhana)
News Desk
Jakarta   ●   Wed, January 23, 2019 2019-01-23 16:14 843 75e76da2d15e495661b6357e2e83a5b2 4 Business Indonesia,morocco,trade-aggreement-talk Free

Indonesia and Morocco have started negotiations on a preferential trade agreement (PTA) to boost trade and investment between the two countries.

The Trade Ministry’s bilateral negotiations director, Ni Made Ayu Marthini, said trade cooperation improvement through joint trade commission (JTC) activation and a PTA was a follow up to an agreement signed by Trade Minister Enggartiasto and his Moroccan counterpart, Rakiya Eddarhem, in June 2018 on the JTC activation plan.

“To keep the momentum alive, Indonesia and Morocco have prepared for the first JTC and PTA meeting, which is scheduled for late April in Jakarta,” Made said in a press statement issued on Wednesday as reported by Antara.

Both parties have agreed to the terms of reference.

Under the JTC forum, the officials encouraged intensive interaction between the business sectors of both countries, Made said, adding that the result of the interactions were expected to identify products that could be discussed in PTA negotiations.

Made said negotiations between Indonesia and Morocco would involve the discussion of tariff cuts for certain products. (bbn)