The 13th round of negotiations between the EFTA States and Indonesia on a Comprehensive Economic Partnership Agreement (CEPA) took place in Jakarta from 6 to 10 November 2017.
Constructive and substantive discussions were held in most areas under negotiation, including trade in goods, trade in services, investment, intellectual property rights and trade remedies. Legal and horizontal issues were also discussed, including dispute settlement provisions, competition, customs and rules of origin, trade facilitation, government procurement, cooperation and sustainable development.
Ambassador Soemadi D.M. Brotodiningrat headed the Indonesian delegation, while Ambassador Markus Schlagenhof from Switzerland acted as the EFTA Spokesperson.
Negotiations towards a CEPA were launched in 2010, with the first round held in Jakarta. The next round is expected to take place in the first quarter of 2018. Intersessional work has been agreed in all areas.
Merchandise trade between EFTA and Indonesia amounted to USD 3.3 billion in 2016. The EFTA States exported goods worth USD 688 million, with the leading exports being machinery and mechanical appliances, mineral fuels and pharmaceutical products. EFTA imported goods worth USD 2.6 billion in 2016, primarily comprising gold, followed by footwear and electrical machinery.
More on EFTA-Indonesia trade relations.
Read more on trade statistics between EFTA and Indonesia.
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