Indonesia-Australia Comprehensive Economic Partnership Agreement

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Building on the ASEAN-Australia-New Zealand Free Trade Agreement which entered into force in January 2010, the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) officially came into force on July 5, 2020.

Key outcomes for the elimination of customs duties:

  • Australia will immediately eliminate all remaining tariffs on Indonesian imports into Australia.
  • Over 99 percent of Australian originating goods exports to Indonesia will enter duty-free or under significantly improved or preferential arrangements.

 

The agreement also contains some key outcomes for Non-Tariff Measures, Trade-in Service, Trade Facilitation, Investment Protection, Skills Development Package.

Source: Australia Department of Foreign Affairs and Trade

To read full text and associated documents of the Agreement, click here.