Experts indicate the strategic pact responds to global economic instability intensified by United States protectionist policies.
He confirmed Indonesia stands as Canada’s largest export market in the Southeast Asian region.
Prabowo expressed his fortune in being the president to secure this first-of-its-kind agreement with an ASEAN member nation.
The Comprehensive Economic Partnership Agreement (CEPA) bolsters Canada’s Pacific presence, continuing a strategy initiated by the previous Justin Trudeau administration.
This tariff elimination will significantly aid Indonesian exports of garments and leather goods to the North American market.
The defence agreement also covers strengthened cooperation in cyber defence and peacekeeping operations.
An analyst observed that securing two major trade deals within one week increases Indonesia’s resilience to tariff volatility.
He clarified that this strategy does not indicate Indonesia is abandoning the United States market. – AFP
Hence then, the article about canada and indonesia sign free trade agreement to cut tariffs was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Canada and Indonesia sign free trade agreement to cut tariffs )
Also on site :