Indonesia–Australia Comprehensive Economic Partnership Agreement
| |
|---|---|
Australian trade minister Birmingham and Indonesian trade minister Lukita formally signing IA-CEPA in March 2019 | |
| Type | Free trade agreement |
| Signed | 4 March 2019 |
| Location | Jakarta, Indonesia |
| Ratified |
|
| Effective | 5 July 2020 |
| Original signatories |
|
| Ratifiers | |
| Languages | |
| Customs Amendment (Growing Australian Export Opportunities Across the Asia-Pacific) Act 2019 | |
|---|---|
| Parliament of Australia | |
| |
| Citation | No. 108, 2019 |
| Passed by | House of Representatives |
| Passed | 21 October 2019 |
| Passed by | Senate |
| Passed | 26 November 2019 |
| Royal assent | 3 December 2019 |
| Status: In force | |
| IA-CEPA Ratification Act Undang-Undang Pengesahan IA-CEPA | |
|---|---|
| People's Representative Council | |
| |
| Citation | No. 1, 2020 |
| Passed by | People's Representative Council |
| Passed | 6 February 2020 |
| Signed by | President Joko Widodo |
| Signed | 28 February 2020 |
| Status: In force | |
The Indonesia–Australia Comprehensive Economic Partnership Agreement (IA-CEPA; Indonesian: Perjanjian Kemitraan Ekonomi Komprehensif Indonesia–Australia) is a bilateral agreement signed between Australia and Indonesia in March 2019, ratified by Australia in November 2019 and Indonesia in February 2020. The agreement contains a free trade agreement removing tariffs from nearly all products traded between both countries, in addition to loosening investment regulations in Indonesia for Australian firms and increasing the quota for Indonesians seeking vocational training in Australia.