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ASEAN PROFILES ASEAN KEY DESTINATIONS ![]()
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Indonesia and EFTA countries sign trade agreement The Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Free Trade Association (EFTA) was signed on Sunday, Dec.16, 2018 in Jakarta. Representing the signatory countries were Indonesia’s Trade Minister Enggartiasto Lukita, Switzerland’s Federal Councillor and the Federal Department of Economic Affairs, Education and Research Head of the Swiss Confederation Johann N. Schneider-Ammann, Liechtenstein’s Foreign Affairs, Justice and Culture Minister Aurelia Frick, Norway’s State Secretary Daniel Bjarmann-Simonsen, and Icelandic Ambassador and Chief of Protocol Hannes Heimisson. The signing took place as Indonesia and the EFTA countries concluded an almost eight-year-long negotiation process on Nov.23, 2018 in Geneva, Switzerland. The CEPA negotiation was launched in July 2010, and the first round was held in early 2011. Since then, 15 rounds of negotiations and a number of Heads of Delegation and experts' meetings were held before both sides reached an agreement on Nov.1, 2018 in Bali, Indonesia. The signing of the Indonesia-EFTA CEPA on Sunday marks a new milestone in the bilateral relations between Indonesia, Iceland, Liechtenstein, Norway and Switzerland. CEPA covers trade in goods (including provisions on trade remedies, trade facilitation, rules of origin, sanitary and phyto-sanitary measures, and technical barriers to trade), trade in services, investment, intellectual property rights, competition, government procurement, trade and sustainable development, cooperation and capacity building, as well as legal and horizontal provisions.
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