Indonesia, Australia to sign economic partnership on Monday
JAKARTA, Feb 28 (Reuters) -
* Indonesia and Australia on Monday will sign an economic
partnership agreement that covers trade and investment,
Indonesia's trade ministry said on Thursday.
* Simon Birmingham, Australia's minister for trade, tourism
investment will sign the deal alongside Indonesia's trade
minister Enggartiasto Lukita in Jakarta, the ministry said.
* Negotiations on the deal were concluded last August after
of trade talks and an accord had been due to be signed by the
end of 2018.
* There has been speculation that Australia's recognition of
Jerusalem as Israel's capital, which upset Indonesia, was behind
the delay, though officials from both countries played down the
issue and cited translation glitches as the cause.
* Australian frozen meats, live cattle, feed grains, dairy,
and rolled steel would receive favourable treatment under the
agreement, Birmingham has previously said.
* Indonesia has expressed hopes it would attract Australian
investors in university sector after relaxation of ownership
rules under the deal.
(Reporting by Bernadette Christina Munthe and Gayatri Suroyo
Editing by Shri Navaratnam)
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