Department for International Trade
Joint statement on UK- Indonesia Joint Trade Review
Joint statement by The Department for International Trade and the Ministry of Trade of the Republic of Indonesia on the signing of the terms of reference of the Trade Review between the UK and Indonesia.
The Director General of International Trade Negotiation, Ministry of Trade of the Republic of Indonesia, Mr. Iman Pambagyo, and Her Majesty’s Trade Commissioner for Asia Pacific, Ms. Natalie Black, signed the Terms of Reference (TOR) of the Trade Review between Indonesia and the United Kingdom (UK) on 16 October 2019 in the margins of the Trade Expo Indonesia (TEI) 2019. The signing was witnessed by the Minister of Trade of the Republic of Indonesia, H.E. Enggartiato Lukita.
The signing marks a further strengthening of the bilateral trade and investment relationship between the Republic of Indonesia and the UK. As two of the largest economies and members of G20, Indonesia and the UK have an opportunity to renew and develop stronger economic ties.
The Trade Review is a collaboration between Indonesia and the UK to assess the current state of our bilateral trade and investment relationship, as well as looking to identify possible opportunities to enhance bilateral cooperation for the future. The Review will be based on empirical analysis and engagement with various stakeholders, including businesses operating in both countries. It will result in a joint report which will include recommendations to both governments.
The first formal meeting of the Trade Review will be held in December 2019 in London.
Latest News from
Department for International Trade
Secretary of State for International Trade Liz Truss speaking at the Velvet Revolution Ball18/11/2019 11:10:00
Event marks 30th anniversary of the Velvet Revolution (16 November 2019).
UK and Australia team up to use space technology to protect Pacific from climate change and natural disasters05/11/2019 08:14:00
Pacific island countries vulnerable to climate change will benefit from space technology to help them plan for and prevent natural disasters, thanks to a new UK and Australian partnership.
Boost for UK-UAE trade relations04/11/2019 08:10:00
Minister for Investment, Graham Stuart, visited the UAE to strengthen the trade relationship between the UK and the UAE
UK geospatial intelligence sweeps US cruise lines01/11/2019 08:10:00
A Bristol-based geospatial intelligence company has secured a deal with an American cruise line which is projected to be worth £5.5 million by the end of 2024.
Self-warming UK bottle feeds babies across globe31/10/2019 17:05:00
A UK baby products business recently secured new deals in the United States and China which is expected to make the company £2.2 million by 2025
Kent biotech business set to make £1m thanks to Japan exports31/10/2019 15:10:00
A Kent bio-tech company that supplies blood plasma for lab testing is set to hit sales of £1million in 2020 after securing new deals with customers in Japan.
UK jewellery designer creates collection for Dutch museum31/10/2019 14:47:00
A Glastonbury-based design studio has been commissioned to create a knitted-wired jewellery capsule collection for a museum in the Netherlands
Cheltenham recovery drink revitalises the UAE31/10/2019 12:10:00
A Cheltenham-based soft drinks supplier has secured a contract with an importer in the UAE which is set to be worth £4.29 million over the next 5 years