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Canada to begin negotiations with Indonesia on a Comprehensive Economic Partnership Agreement

Home News Canada to begin negotiations with Indonesia on a Comprehensive Economic Partnership Agreement

The Government of Canada is committed to building back from COVID-19 and deepening trade and investment ties with fast-growing markets around the world will generate growth, create jobs, and ensure a strong, resilient economic recovery.

The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, and Muhammad Lutfi, Indonesia’s Minister of Trade, announced that Canada and Indonesia will begin negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

At the virtual meeting, the ministers agreed to a joint statement highlighting the potential for a CEPA to support meaningful and sustainable economic growth, help facilitate increased trade and investment, and reinforce both countries’ shared commitment to open markets and rules-based trade.

Canada is committed to ensuring that the benefits of trade are widely shared by pursuing trade agreements that reflect the interest of all Canadians, including underrepresented groups such as women, Indigenous peoples, and small and medium-sized enterprises.

In public consultations held by the Government of Canada earlier this year, Canadians expressed a high level of support for a possible Canada-Indonesia CEPA. Details can be found in a summary report published on the Global Affairs Canada website on May 31.

To read the full media release, click here.

Source: Government of Canada; Global Affairs Canada

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