Canada, Indonesia Trade Talks Begin for Comprehensive Economic Partnership Agreement

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(The ASEAN BRIEFING)

  • In January 2021, Canada announced that it launched public consultations on a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia.
  • Bilateral trade between the two countries is still relatively low at approximately US$3.7 billion; however, there is potential for growth in several sectors.
  • This includes increasing exports of Canadian wheat to Indonesia, among the world’s largest importers of the crop.
  • Canada has also launched exploratory discussions for a potential free trade agreement with the ASEAN bloc.

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