![]() Its appetite for resources, most notably iron ore, made Australia rich, but geopolitical tensions have surfaced in recent years. If we make the extra effort to do so we build a much stronger relationship."Īustralia's biggest trading partner by some considerable distance is China. "We have to be sensitive to the cultural uniqueness of each country, so understanding that Indonesia is a largely Muslim country. It's a pretty good relationship at the moment," Brett Hosking, chair of GrainGrowers, an industry group, and a farmer in Victoria, told the BBC News website. "Indonesia is by far our largest trading partner when it comes to exports of Australian wheat. Other sectors have been quietly going about their business with Australia's giant neighbour to the north. "There is a maturity in our trading relationship with Indonesia," says farmer Brett Hosking So, think about the archipelago as a number of very different, distinct markets rather than just zooming in to Jakarta." Yogyakarta, the gaming and IT centre of central Java is another opportunity. "In West Java, I met a lot of South Australian, defence and agricultural companies that have done quite well. Tim Harcourt's advice is for Aussie firms to look beyond the sprawling Indonesian capital for fertile ground. ![]() ![]() The key lies with innovation and services.Īgriculture, resources, energy, education, training and healthcare are all sectors with potential, along with expertise in renewable power technology. "The ball is in Australia's court," she added. "The road to Jokowi's (the popular name for Indonesian President Joko Widodo) heart will be business and investment," Prof Dewi Fortuna Anwar, from Jakarta's Research Centre for Politics, told the Australian Broadcasting Corp. It was an unequivocal statement that the new management in Canberra coveted the relationship and wanted trade to bloom. The pact aims to jettison tariffs while nurturing commerce.Īnthony Albanese, the recently elected Labor prime minister, made a trip to Indonesia within a few weeks of winning the election on 21 May. "By some estimates, Indonesia will be the world's fifth largest economy by 2030, and IA-CEPA ensures that Australia is well-placed to deepen economic co-operation and share in Indonesia's growth," DFAT said. In July 2020, the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) came into force. "The extent to which international investors have made real commitments in Indonesia over the past decade - not just China and major partners such as Japan and Korea, but Europeans, Emiratis, Singaporeans, and even Canadians - strongly suggest Australia is not seeing opportunities that others do."Īustralian Prime Minister Anthony Albanese visited Indonesia shortly after being elected "It's hard to think of two neighbouring countries, each with economies in excess of a trillion dollars, that trade so little with one another," says Leigh Howard, the head of Asialink Business at the University of Melbourne. Indonesia, the world's largest Muslim nation with a population of 270 million people, doesn't even make it into the top ten of Australia's most lucrative trading partners. Paradise reopened - Bali hopes for tourists to return Pre-Covid, the holiday island of Bali was awash with carefree Aussies, but much of the vast Indonesian archipelago, from Sumatra to Sulawesi, often remains unnoticed. The PhD scholar from Jakarta has an electric enthusiasm for Australia that belies the country's often-lukewarm economic relationship with her homeland Indonesia, its giant neighbour to the north.Ĭulturally different, but geographically close, the two countries have collaborated on border security and counter-terrorism, and share a nervousness about the rise of China, but the commercial relationship has been underdone. "I love Australia! It is my dreamland to live and to study." "Saya cinta Australia!" says Indonesian student Sari Puspita Dewi. Sari Puspita Dewi arrived at the University of New South Wales in December 2021
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |