INDONESIA TO SIGN FTA WITH JAPAN ON AUGUST 20

摘要

Japan and Indonesia will sign a bilateral free trade agreement on Aug. 20 during Prime Minister Shinzo Abe's visit to the Southeast Asian country, the government said Friday. Cabinet ministers endorsed the signing of the FTA by Abe and Indonesian President Susilo Bambang Yudhoyono when the two hold summit talks in Jakarta. Indonesia will be the premier's first destination in his three-nation Asian tourthat will also take him to India and Malaysia. The pact will eliminate tariffs on about 92 percent of bilateral trade by value and will mean that Japan has ratified or signed FTAs with six members of the Association of Southeast Asian Nations-Singapore, Malaysia, the Philippines, Thailand, Brunei and Indonesia.