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Jakarta Post

Australia hopeful Indonesia will ratify CEPA, former leader says

  • Dian Septiari
    Dian Septiari

    The Jakarta Post

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Depok, West Java   /   Tue, October 1, 2019   /  06:20 pm
The Jakarta Post Image
President Joko "Jokowi" Widodo (middle left) and Australian Prime Minister Malcolm Turnbull (middle right) walk to their bilateral meeting venue in Da Nang, Vietnam, in 2017. The two leaders discussed various issues, including the completion of the Indonesia-Australia comprehensive economic partnership agreement (CEPA).(JP/Fedina S. Sundaryani)

Former Australian prime minister Malcolm Turnbull expressed hope for the ratification of a landmark trade deal between Indonesia and Australia from earlier this year, while further suggesting that Indonesia resist the lure of economic populism and protectionism. Delivering a keynote speech at the University of Indonesia in Depok, West Java, Turnbull shined the spotlight on Indonesia’s “relatively underdone” economic partnership with Australia, which he compared to the state of relations with other ASEAN member states. He said he believed the problem could be resolved with the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), which the two sides inked in March. Both countries aim to have the deal come into force by next year, pending legislative ratification underway in both countries. “I look forward to it being ratified by th...