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Jakarta Post

Australian investors want stability, PM Morrison says

  • Dian Septiari

    The Jakarta Post

Jakarta   /   Tue, October 22 2019   /  12:54 am

Australian Prime Minister Scott Morrison has warned Indonesia that stability and certainty are very important for investors as the two countries look toward ratifying the Indonesia-Australia Comprehensive Partnership Agreement (IA-CEPA) amid concerns over deteriorating legal protections in Indonesia.Morrison met with President Joko “Jokowi” Widodo before his inauguration ceremony for his second term on Sunday.He said they talked about many issues, including progress for the trade agreement’s ratification, and gave assurances that there were no obstacles that might prevent a deal from being reached. He also said Australia’s House of Representatives would be moving its own ratification process forward.Australia was also working to ensure that the deal attracts investment, Morrison said.“At the end of the day, if you want to see investment flow and trade, then you’ll obviously n...