Hamburg (VNA) – Indonesia and Australia will complete the Comprehensive Economic Partnership Agreement (IA-CEPA) by the end of year, said Indonesia’s President Joko Widodo and Australia’s Prime Minister Malcolm Turnbull.
The leaders made the statement during their talks on the sidelines of the G20 Summit in Hamburg, Germany on July 7.
The IA-CEPA will improve the current free trade agreement of the Association of the Southeast Asian Nations (ASEAN), Australia, and New Zealand, said the officials.
It is also hoped to boost bilateral trade and investment cooperation, as well as support Australia’s regional economic integration.
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