Indonesia, Australia hope to announce economic partnership on Friday

JAKARTA (Reuters) – Indonesian President Joko Widodo and Australian Prime Minister Scott Morrison hope to announce on Friday the completion of negotiations on an economic partnership pact between the two countries, a foreign ministry official said.

Director for East Asia and Pacific Edi Yusuf told a briefing ahead of a visit by Morrison to Indonesia this week that negotiations were still continuing on the Indonesia Australia Comprehensive Economic Partnership Agreement (CEPA).

The deal is set to be signed later this year and should include the opening-up of investment in Indonesia’s university sector by Australia, he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.