Australia and Indonesia announce a 100-day plan to implement a long-awaited trade deal
Addressing Australia's parliament on a landmark state visit, Indonesia's President Joko Widodo cast the two nations as would-be"Avengers" –"forces of good" uniting to defeat a"common enemy" and shared challenges.
The two G20 economies hope to deepen trade currently worth a modest US$12 billion a year, in a region increasingly dominated by China's economic and military might. The 58-year-old former furniture manufacturer was sworn in for a second term late last year, promising to reduce widespread poverty as Indonesia becomes one of the world's largest economies.
Greater access to the Australian market is expected to spur Indonesia's automotive and textile industries, and boost exports of timber, electronics and medicinal goods. In a joint public appearance with Widodo in Canberra, Australian Prime Minister Scott Morrison outlined a 100-day "action plan" for implementation.
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