The leaders of Canada and Indonesia met in Ottawa for the first time in 25 years, signing agreements on trade, defence cooperation, and investment partnerships.
The Sept. 24 trade deal will scrap and reduce tariffs on more than 95 percent of Canadian exports to Indonesia within eight to 12 months, while a second partnership deal will provide up to $825 million to promote joint ventures and investment in renewable energy, digital service, infrastructure, and manufacturing, according to the Prime Minister’s Office (PMO).
The bilateral Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) will particularly benefit Canada and Indonesia’s clean technology, agriculture, infrastructure, financial services, and critical minerals sector, according to Carney….
Canada and Indonesia Sign Bilateral Trade and Defence Agreements
