Indonesia pursues trade handle African, Latin American, Middle Eastern nations

The Indonesian government is pursuing a series of trade handle non-traditional partners in Africa, Latin America and the Middle East in an effort to navigate international trade throughout and after the COVID-19 pandemic. The federal government is negotiating a deal for trade in services with Chile after protecting an Extensive Economic Partnership Contract (CEPA) with the nation in 2017, according to Iman Pambagyo, the director general of global trade negotiation at the Trade Ministry. “We have actually attempted to tap new regions,” Iman stated in a virtual conversation on Friday. “[The Indonesia-Chile CEPA] is our first open market arrangement with a Latin American nation.” Indonesia remains in the procedure of ratifying a CEPA with Mozambique, its first trade handle an African country, according to Iman. It is also negotiating a preferential trade contract (PTA) with …

Topics:

  • Middle-East non-traditional-export-markets international-trade global-trade Trade-Ministry RCEP CEPA Africa Latin-America

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