Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA)
(WorldNews Japan)

The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) entered into force today, 5 July 2020. This is great news for Australia`s dairy industry. Building on the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), IA-CEPA highlights the importance of trade liberalisation for Australian dairy. IA-CEPA and AANZFTA, in combination, will provide an estimated saving of over A$10.5 million in tariffs that would otherwise be levied on Australian dairy exports to Indonesia if neither agreement was in force (estimate based on the average value of...