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About IA-CEPA

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About IA-CEPA

The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) supports Indonesia and Australia’s shared interest for a secure and prosperous region. Coming into force on 5 July 2020, IA-CEPA elevates the bilateral relationship, and creates new markets, relationships and opportunities for businesses, primary producers and skills exchange.

IA-CEPA also establishes an Economic Cooperation Porgram (IA-CEPA ECP Katalis). Katalis supports the Government of Indonesia and the Australian Government in implementing the IA-CEPA and helps businesses from both countries take advantage of the many opportunities for complementary development and growth.

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IA-CEPA creates a framework to unlock the vast potential of bilateral economic opportunities between Southeast Asia’s two largest economies.

Key benefits of IA-CEPA

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Prior to COVID-19, trade of goods and services between Indonesia-Australia was growing. And now, as both economies emerge from COVID-19, total two-way trade has surpassed pre COVID-19 levels, reaching A$ 13,57 billion in 2021. By some estimates, Indonesia will be the world’s fifth-largest economy by 2030. IA-CEPA ensures that Indonesian and Australian businesses are well placed to diversify and share in that growth, deepening bilateral relations and supporting Indonesia’s development.
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Australian Government
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Australia Awards
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Ernst & Young
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IA-CEPA ECP Katalis

Our goal is to maximise IA-CEPA benefits for Indonesia and Australia: improved market access, increased two-way trade and investment, and inclusive economic growth in Indonesia.

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