ANZ welcomes trade agreement between Australia and Indonesia

The Indonesia Australia Comprehensive Economic Partnership Agreement (IACEPA), which was signed in Jakarta by Australian Trade Minister Simon Birmingham, will create closer economic engagement between the two countries and boost the $16.8 billion two-way trade relationship.

ANZ Indonesia Chief Executive Officer Vishnu Shahaney said: “This agreement will open new markets and opportunities for businesses, primary producers, service providers and investors in both countries. ANZ is well-placed to take advantage of this growth and help connect customers in Indonesia with our home market in Australia. We look forward to the agreement being formally ratified in Parliament.”

ANZ first established its presence in Indonesia in 1973. The business continues to play an important role in the bank’s Institutional strategy, combining a global network with local insights to support our customers’ domestic requirements while also connecting them to the region’s expanding trade and capital flows.

Re-disseminated by The Asian Banker

Diary of Activities
Finance Indonesia 2019
21 - 22 August 2019 | Indonesia
Wealth and Society Indonesia 2019
22 August 2019 | Indonesia
Finance Sri Lanka 2019
04 - 05 September 2019 | Sri Lanka
Wealth and Society London 2019
19 September 2019 | UK