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Increasing Indonesia-Australia Business Opportunities

July 24, 2017

Statements

Indonesia and Australia have a strong economic relationship with bilateral trade valued at $15.4 billion in 2015-16. The two countries are currently negotiating the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) designed to enhance bilateral trade. When implemented, IA-CEPA should create a framework towards a modern and dynamic economic partnership that goes beyond the traditional scope of a Free Trade Agreement. IA-CEPA will be a living agreement that is user-friendly and engages stakeholders; it will focus on outcomes that smooth the flow of trade, lower tariffs, further liberalise services trade and boost two-way investment. The National Standards Bodies of Indonesia and Australia, Badan Standardisasi Nasional (BSN) and Standards Australia (SA), are undertaking a Standards Mapping Study to help inform the IA-CEPA negotiations and stakeholders on the opportunities for enhanced standards harmonisation, technical alignment and regulatory coherence. Feedback is sought on where standards harmonisation could be undertaken to support the successful development and implementation of the Technical Barriers to Trade chapter of IA-CEPA. The survey is open from 24 July 2017 until 4 September 2017 and is available through this link. The survey is an important element in the development of a joint report that will be presented to IA-CEPA officials in late 2017. The standards trade related survey will help establish priorities and inform decision making throughout the IA-CEPA negotiations.

Contact
Communications Department
Increasing Indonesia-Australia Business Opportunities
Email and link here

Indonesia and Australia have a strong economic relationship with bilateral trade valued at $15.4 billion in 2015-16. The two countries are currently negotiating the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) designed to enhance bilateral trade. When implemented, IA-CEPA should create a framework towards a modern and dynamic economic partnership that goes beyond the traditional scope of a Free Trade Agreement. IA-CEPA will be a living agreement that is user-friendly and engages stakeholders; it will focus on outcomes that smooth the flow of trade, lower tariffs, further liberalise services trade and boost two-way investment. The National Standards Bodies of Indonesia and Australia, Badan Standardisasi Nasional (BSN) and Standards Australia (SA), are undertaking a Standards Mapping Study to help inform the IA-CEPA negotiations and stakeholders on the opportunities for enhanced standards harmonisation, technical alignment and regulatory coherence. Feedback is sought on where standards harmonisation could be undertaken to support the successful development and implementation of the Technical Barriers to Trade chapter of IA-CEPA. The survey is open from 24 July 2017 until 4 September 2017 and is available through this link. The survey is an important element in the development of a joint report that will be presented to IA-CEPA officials in late 2017. The standards trade related survey will help establish priorities and inform decision making throughout the IA-CEPA negotiations.

Contact
Communications Department
communications@standards.org.au
communications@standards.org.au
Adam Stingemore
Chief Development Officer
+61 2 9237 6086
Chris Larsen
Senior Manager Communications & Design
+ 0431 900 712
Jess Dunne
Communications Manager
+ 61 2 9237 6381