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Japan to sign FTA with Indonesia on Aug. 20
Cabinet ministers endorsed the signing of the FTA by Abe and Indonesian President Susilo Bambang Yudhoyono when the two hold summit talks in
Indonesia will be the premier's first destination in his three-nation Asian tour that will also take him to
The pact will eliminate tariffs on about 92 percent of bilateral trade by value and will mean that
The accord features an energy security partnership between the two countries and the immediate removal of Indonesian tariffs on Japanese steel products for use in sectors such as auto production and energy.
The two countries will aim to have the pact come into effect early next year, a Japanese government official told Kyodo.
Under the agreement, about 96 percent of Japanese exports to
Japan will immediately remove tariffs on Indonesian forest products and shrimp, and will expand imports from the country of tropical fruit such as bananas and pineapples.
Tokyo will also allow Indonesian nurses and nursing-care specialists to work in Japan provided they meet Japanese qualification standards.
Indonesia is
Antara.com, August 10, 2007