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Bilateral trade between Indonesia and Cuba reached US$12.79 million in 2008, [2] and reached its peak in 2011 with US$15.68 million trade value. Bilateral trade until October 2012 has reached US$12.40 million, with Indonesian export US$11.15 million and import US$1.24 million made the trade heavily in favour to Indonesia with US$9.91 million ...
In 2021, Cuba's "economic freedom" score from the free-market oriented Heritage Foundation was 28.1, ranking Cuba's economy 176th (among the "least free") on such measures as "trade freedom, fiscal freedom, monetary freedom, freedom, and business freedom". Cuba ranked 31st among the 32 South and Central America countries, with the Heritage ...
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The agreement was Indonesia's first bilateral free-trade agreement to ease the cross-border flow of goods and people as well as investment between both countries. [122] In 2012, there were between 1,200 and 1,300 Japanese corporates operating in Indonesia, with some 12,000 Japanese nationals living in Indonesia.
Cuba's foreign policy has been fluid throughout history depending on world events and other variables, including relations with the United States.Without massive Soviet subsidies and its primary trading partner, Cuba became increasingly isolated in the late 1980s and early 1990s after the fall of the USSR and the end of the Cold War, but Cuba opened up more with the rest of the world again ...
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Indonesia followed Thailand in abandoning the fixed exchange rate of its currency on 14 August 1997. [33] The rupiah further devalued to its lowest point following the signing of the second IMF letter of intent on 15 January 1998. The 1997 Asian financial crisis that began to affect Indonesia mid-year became an economic and political crisis ...