From 27 to 30 September 2016, delegations from the EFTA States and Indonesia continued their negotiations on a Comprehensive Economic Partnership Agreement (CEPA) in Bandung, Indonesia.
Ambassador Markus Schlagenhof from Switzerland acted as the EFTA spokesperson, while Ambassador Soemadi D.M. Brotodiningrat headed the Indonesian delegation.
The parties held constructive discussions addressing all parts of the envisaged CEPA, and good progress was achieved in several areas.
Preparations for negotiations towards a CEPA between Indonesia and the EFTA States began in 2005, and negotiations were launched in 2010. Since then, 11 negotiating rounds and a number of meetings have been held at the level of heads and experts. A 12th round of negotiations is set to take place in the first quarter of 2017.
Merchandise trade between EFTA and Indonesia amounted to USD 2.3 billion in 2015. The EFTA States exported goods to Indonesia worth USD 737 million in 2015, with the main export categories being machinery and pharmaceuticals. EFTA imported goods from Indonesia amounting to USD 1.5 billion in 2015, primarily precious stones and metals, footwear and electric machinery.
An EFTA-Indonesia Information Brochure can be found in electronic form here: http://www.efta.int/publications/efta-indonesia-cepa
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