Indonesia-Australia Sign a Business Understanding Worth US$3.6 Million

Indonesia-Australia Sign a Business Understanding Worth US$3.6 Million
The signing of three business-to-business (B2B) memorandums of understanding (MoUs) between four Indonesian companies and four Australian importers worth US$3.6 million in Sidney, Australia on Monday (3/7/2023). (Ministry of Trade)
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Meanwhile, Canberra Trade Attaché Agung Haris Setiawan said several memoranda of understanding signed were initiated by the Canberra Trade Attaché and the Indonesian Trade Promotion Center (ITPC) Sydney.

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This is also one of the concrete steps to implement the IA-CEPA negotiations which have been in effect since July 5, 2020.

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“Our trade representatives, especially in Australia, will always try to take steps that can encourage exports of Indonesian products. The signing of the memorandum of understanding today is a concrete form of efforts to improve Indonesia-Australia trade relations,” said Haris.

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