Sign up | Log in



Home  >>  Daily News  >>  Indonesia News   >>   Economy   >>  Indonesia, EU set up vision group to enhance economic ties

9 April 2010

Indonesia, EU set up vision group to enhance economic ties

Related Stories

March 24, 2010
ADB, AFD extend $100 million loans to Indonesia for power project

March 8, 2010
Indonesia cuts tax target in revised 2010 state budget

February 14, 2010
Indonesian Finance minister warns of downside risks to economy

February, 9 2010
Indonesia: Creative industries contribute 7.5% to export earnings

Indonesia and the European Union have set up a body to study ways of improving economic ties, AFP reported, quoting Indonesian Trade Minister Mari Pangestu.

"We have just created a vision group between Indonesia and the EU to basically undertake a study to see how we can enhance economic relations," she told AFP on the sidelines of an Association of Southeast Asian Nations (Asean) summit in Hanoi.

Asked if enhanced economic ties will include a free trade agreement, Pangestu said: "I don't know. We have to wait for the study. They hope to finish it in the next six months."

EU and Indonesian officials will meet in Jakarta in November to discuss the results of the study.

The EU now wants to negotiate free trade accords with individual Asean states instead of with the group as a whole, citing the different levels of economic development among the 10-nation bloc's members.

Indonesia is Asean's biggest country and the world's most populous Muslim nation. Alongside Indonesia, Asean's eclectic membership also includes Singapore, whose $35,000 per capita income and gleaming skyscrapers are a stark contrast to poverty-ridden Laos and largely agricultural Cambodia.

The group's other members are Brunei, Malaysia, the Philippines, Thailand and Vietnam -- making a collection of emerging democracies, communist states and monarchies, as well as a military dictatorship in the form of Myanmar.


Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand