Indonesia pushes for faster negotiations of economic partnership pact with Turkey
Chairman of the Indonesian People's Consultative Assembly (MPR) Bambang Soesatyo has urged Turkish Parliament Speaker Mustafa Sentop to help speed up negotiations on the two nations’ comprehensive economic partnership agreement (IT-CEPA).
Jakarta (VNA) – Chairman of the IndonesianPeople's Consultative Assembly (MPR) Bambang Soesatyo has urged TurkishParliament Speaker Mustafa Sentop to help speed up negotiations on the twonations’ comprehensive economic partnership agreement (IT-CEPA).
Soesatyo made the request, which was considered part ofpost-COVID-19 economic recovery, during an official meeting with Sentop in Turkey’sAnkara on November 3.
In response, Sentop pledged to urge the related parliament commissionto immediately review the pact and find the best way to allow the government toexpedite negotiations, which have been ongoing for nearly four years.
In 2019, trade between Indonesia and Turkey hit 1.6 billionUSD, with Indonesia enjoying a surplus of over 800 million USD. The two willpotentially increase the trade value by 600 million USD if they sign theIT-CEPA.
Indonesia's key exports to Turkey comprise palm oil, rubber,yarns, and automotive components./.
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