Fifth cycle of ICA-CEPA expected to increase Rotary trade and investment

Jakarta

Director General of International Trade Negotiations, Djatmiko Bris Witjaksono, as Indonesia’s chief negotiator, officially opened the fifth round of negotiations on the Indonesia-Canada Comprehensive Economic Partnership Agreement (ACI-CEPA ) in Ottawa, Canada, Monday (5/29).

He did it with Canada’s chief negotiator, Aaron Fowler. In this fifth round, Canada hosted the negotiations. In addition, the negotiations also took place face-to-face from May 29 to June 2, 2023.

“During this fifth round, no less than 17 working groups continued the negotiations, including the discussion of 3 new issues, namely inclusive trade, employment and the environment,” Djatmiko said in a statement. written, Tuesday (6/6/2023).

It is known that the ICA-CEPA negotiations were launched on June 21, 2022. These negotiations are expected to increase Indonesia’s trade in goods, services and investments in the North American region.

For information, the Indonesian Ambassador to Ottawa, Daniel Tumpal Simanjuntak, was also present at the opening.

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