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Shortly after Indonesia's ratification of the agreement, Australia's Monash University revealed plans to open a campus in Indonesia, becoming the first foreign university to do so in Indonesia. [20] Indonesian economic observers remarked that the free trade agreement may lead to increased imports of agricultural products, primarily Australian ...
Australia and Indonesia have established diplomatic relations since 27 December 1949, [1] when Australia recognised Indonesia's independence. [2] [3] Historically, contact between Australians and Indonesians began as early as the 16th century prior to the arrival of the Europeans, through Makassan interactions with indigenous Australians on Australia's western and northern coasts.
In January 2012, Australia and Indonesia organized a free trade zone within their territory as a result of an agreement among ASEAN, Australia, and New Zealand. [4] In May 2012, a report to the Commonwealth Government of Australia highlighted the potential for cooperation between Australia, Timor-Leste, and Indonesia.
Bank Ekspor Impor Indonesia (BankExim), formerly the Indonesian branch of Nederlandsche Handels Maatschappij which eventually becomes ABN AMRO Bank Bumi Daya (formerly Bank Umum Negara), the result of the nationalizations of Nationale Handelsbank and the Chartered Bank of India, Australia and China (now Standard Chartered ; the latter returning ...
This is a list of the largest two-way trading partners of Australia, based on data released by the Australian Department of Foreign Affairs and Trade for the 2022 calendar year. [ 1 ] The largest trading partners
Australia was a founding member of the General Agreement on Tariffs and Trade (GATT) in 1947, which aimed to promote international trade by reducing tariffs and other trade barriers. The focus during this period was primarily on multilateral trade negotiations rather than bilateral agreements.
Australia, a close neighbour of both Indonesia and East Timor, was the only country to recognise Indonesia's annexation of East Timor. [1] Some members of the Australian public supported self-determination for East Timor, [ 2 ] and also actively supported the independence movement within Australia. [ 2 ]
Timor Leste–Indonesia–Australia Growth Triangle This page was last edited on 3 February 2017, at 19:38 (UTC). Text is available under the Creative Commons ...