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Wednesday, 20 February 2019 13:45

Indonesia-Korea CEPA

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The Minister of Trade of the Republic of Indonesia, H.E Enggartiasto Lukita and the Trade Minister of the Republic of Korea, H.E Hyun Chong Kim met on 19 February 2019 in Jakarta, Indonesia The Minister of Trade of the Republic of Indonesia, H.E Enggartiasto Lukita and the Trade Minister of the Republic of Korea, H.E Hyun Chong Kim met on 19 February 2019 in Jakarta, Indonesia kemendag

The Minister of Trade of the Republic of Indonesia, H.E Enggartiasto Lukita and the Trade Minister of the Republic of Korea, H.E Hyun Chong Kim met on 19 February 2019 in Jakarta, Indonesia. The two Ministers discussed ways to enhance trade and economic relations between the Republic of Indonesia and the Republic of Korea. The two Ministers agreed to reactivate negotiations on the Indonesia - Korea Comprehensive Economic Partnership Agreement (IK-CEPA). Both Ministers believed that a successful negotiation toward an economically meaningful agreement would serve as a new platform toward a modern and dynamic economic partnership that reflects the strong bond between the two countries. This initiative signals the strong determination of both governments to create a favorable environment that is conducive to expanding two-way trade and investment and to maximizing the potential of the economic partnership.

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