FED:Emerson for wide-ranging Jakarta talks

AAP General News (Australia)
04-17-2011
FED:Emerson for wide-ranging Jakarta talks

SYDNEY, April 17 AAP - Federal Trade Minister Craig Emerson is set to visit Jakarta
for talks with his Indonesian counterpart Mari Pangestu.

This week's trip will be Mr Emerson's first visit to the country as trade minister
and comes as Australia and Indonesia prepare for negotiations on a Comprehensive Economic
Partnership Agreement (CEPA).

The CEPA process was launched in November last year by Prime Minister Julia Gillard
and Indonesian President Susilo Bambang Yudhoyono.

"As the two largest economies in South-East Asia, there is considerable scope for Australia
and Indonesia to strengthen and expand their economic relationship," Mr Emerson said in
a release on Sunday.

"The Indonesian economy, with 234 million people, has been growing strongly and could
be in the top 10 globally by 2025."

Besides the CEPA, the two ministers will discuss the ASEAN-Australia-New Zealand Free
Trade Agreement (AANZFTA) and the Doha Round of multilateral trade negotiations.

The pair are also expected to finalise a pilot project to help improve Indonesia's
cattle-breeding performance.

Indonesia is Australia's fourth-largest market for agricultural exports, behind Japan,
China and the US, and in 2009-10 the value of two-way trade between Australia and Indonesia
was $11.8 billion.

AAP ct/mp

KEYWORD: EMERSON

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