IC – CEPA

Chile is the third largest trading partner for Indonesia in South America after Brazil and Argentina (2018). On December 14, 2017 became an important history in bilateral relations between Indonesia - Chile. Because, the two countries signed the approval of a comprehensive economic partnership known as Indonesia-Chile Comprehensive Economic Partnership Agreement (IC-CEPA). This approval was signed by the Indonesian Minister of Trade, Mr. Enggartiasto Lukita and Minister of Foreign Affairs Chile, Mr. Heraldi Munoz Valenzuela.

The aim of IC - CEPA is to encourage equitable economic growth and development, encourage cooperation in several potential fields between the two countries, stimulate Indonesian business actors to target non-traditional markets, and make Chile a link for Indonesian export products in Latin America.

Indonesian products that receive a 0% tariff on the Chilean market include agricultural products, fishery products and manufactured products. Meanwhile, Chilean products that receive a 0% tariff on the Indonesian market include agricultural and fishery products, mining products and industrial products. (ros)

http://feb.unair.ac.id/index.php/download/download-materi-seminar.html?download=289 :factsheet-ic-cepa