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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 ...
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India also has further economic ties with Indonesia through its free trade agreement with ASEAN, of which Indonesia is a member. [144] The two countries target to achieve bilateral trade of $25 billion by 2015, with cumulative Indian investments of $20 billion in Indonesia.
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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 ...
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 ...
The fair trade movement has reached 1.6 billion US dollars in annual sales. [10] The movement works to raise consumer awareness of exploitation of developing countries. Fair trade works under the motto of "trade, not aid", to improve the quality of life for farmers and merchants by participating in direct sales, providing better prices and ...
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 ...