https://www.miningweekly.com
Business|Energy|Mining|Resources|Services|Technology|Training|Equipment
Business|Energy|Mining|Resources|Services|Technology|Training|Equipment
business|energy|mining|resources|services|technology|training|equipment

Australian miners praise Indonesia trade deal

4th March 2019

By: Creamer Media Reporter

     

Font size: - +

The signing of an Australia-Indonesia free trade agreement has won praise from the Minerals Council of Australia, with CEO Tania Constable saying that it will deliver expanded trade and business opportunities between the two neighbours.

The Indonesia-Australia Comprehensive Economic Partnership will see Australian goods and services rated as duty free or treated under preferential arrangements, adding $35-billion to the Australian and Indonesian economies.

Australia’s resources and mining services will benefit directly from this agreement, particularly through greater opportunities for Australia’s $90-billion mining equipment, technology and services sector, Constable says.

Under the agreement, Australia’s resources sector will have access to greater trade opportunities – increasing mineral and energy exports and creating more highly-paid, highly-skilled jobs.

The agreement will also enhance people-to-people connections between Indonesia and Australia, with working visas for Indonesians expanded from 1 000 to 4 100 a year. In addition, 200 Indonesians will have access to six-month training opportunities in Australia. 

“Stronger people-to-people links will also open the door to greater collaboration between researchers, businesses and communities that will increase the prosperity of Australia and Indonesia.”

In 2017, two-way trade between Australia and Indonesia stood at $16.5-billion, with Indonesia ranked as Australia’s thirteenth largest trading partner.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.131 0.175s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: