Fri, 13 May 2011
From:
ASEAN-Australia-New Zealand free trade agreement gives other advantages to Indonesia.

VIVAnews - Trough bilateral agreement with Australia, the government aims mining service imports from Australia. This cooperation is the continuance from the free trade agreement between ASEAN, Australia, and New Zealand.

"Experts labor imports from Australia to Indonesia in mining will potentially increase the Indonesia mining products' quality," said one of the analyst team members of the ASEAN plus Australia and New Zealand free trade agreement, Philip Purnama, on a press conference of the negotiation result of the 14th ASEAN Summit at the Trade Department office in Jakarta on Wednesday, Feb. 25.

In addition, Australia also agreed to give training and certification for welding workers, especially for oil and gas pipes.

The Trade Minister, Mari Elka Pangestu, said that the bilateral agreement with Australia and New Zealand has also enclosed an agreement point on mining service.

According to Pangestu, several additional advantages from Australia are, among others, facilitating working visa issue for a number of professions, capacity development of Indonesian automotive industry, food product certification, and supplying English teachers to 17 industrial vocational schools and colleges for two years.

Pangestu also stated that New Zealand offers some additional advantages that will be bilaterally discussed and materialised, some of which are vacation scheme facility for 100 Indonesian workers, working opportunity for 100 chefs, 20 halal butchers, and 20 Bahasa Indonesia teaching assistants.

"New Zealand also offers Master's degree scholarship for Agricultural Department, funding for cattle and milk farming project, and the possibility to increase contribution through the World Bank for aiding small and medium enterprises (UKM) in East Indonesia," said Pangestu.



News Search/Filter
Transaction Rates
17 Jul 18
Buy
Sell
AED1
3,883.15
3,883.15
AFN1
196.60
196.60
ALL1
132.34
132.34
AMD1
29.70
29.70
ANG1
7,734.49
7,734.49
AOA1
56.03
56.03
ARS1
521.71
521.71
AUD1
10,574.51
10,574.51
AWG1
7,968.43
7,968.43
AZN1
8,377.99
8,377.99
BAM1
8,742.76
8,742.76
BBD1
7,131.76
7,131.76
BDT1
168.87
168.87
BGN1
8,537.35
8,537.35
BHD1
37,667.55
37,667.55
BIF1
8.09
8.09
BMD1
14,263.53
14,263.53
BND1
10,470.90
10,470.90
BOB1
2,069.60
2,069.60
BRL1
3,695.88
3,695.88
BSD1
14,263.53
14,263.53
BTC1
95,515,621
95,515,621
BTN1
207.90
207.90
BWP1
1,396.81
1,396.81
BYN1
7,231.56
7,231.56
BZD1
7,098.55
7,098.55
CAD1
10,857.11
10,857.11
CDF1
8.84
8.84
CHF1
14,307.83
14,307.83
CLF1
601,836.98
601,836.98
CLP1
21.94
21.94
CNH1
2,128.76
2,128.76
CNY1
2,131.81
2,131.81
COP1
4.98
4.98
CRC1
25.16
25.16
CUC1
14,263.53
14,263.53
CUP1
559.35
559.35
CVE1
150.85
150.85
CZK1
645.41
645.41
DJF1
80.10
80.10
DKK1
2,240.81
2,240.81
DOP1
287.29
287.29
DZD1
121.40
121.40
EGP1
797.04
797.04
ERN1
948.38
948.38
ETB1
516.48
516.48
EUR1
16,701.56
16,701.56
FJD1
6,826.28
6,826.28
FKP1
18,879.89
18,879.89
GBP1
18,879.89
18,879.89
GEL1
5,826.37
5,826.37
GGP1
18,879.89
18,879.89
GHS1
2,981.74
2,981.74
GIP1
18,879.89
18,879.89
GMD1
298.27
298.27
GNF1
1.58
1.58
GTQ1
1,904.28
1,904.28
GYD1
67.98
67.98
HKD1
1,817.31
1,817.31
HNL1
593.07
593.07
HRK1
2,259.42
2,259.42
HTG1
211.46
211.46
HUF1
51.69
51.69
IDR1
1.00
1.00
ILS1
3,934.61
3,934.61
IMP1
18,879.89
18,879.89
INR1
208.26
208.26
IQD1
11.97
11.97
IRR1
0.32
0.32
ISK1
133.62
133.62
JEP1
18,879.89
18,879.89
JMD1
109.06
109.06
JOD1
20,103.56
20,103.56
JPY1
126.91
126.91
KES1
142.06
142.06
KGS1
208.91
208.91
KHR1
3.52
3.52
KMF1
33.93
33.93
KPW1
15.84
15.84
KRW1
12.63
12.63
KWD1
47,073.60
47,073.60
KYD1
17,124.79
17,124.79
KZT1
41.65
41.65
LAK1
1.68
1.68
LBP1
9.43
9.43
LKR1
89.25
89.25
LRD1
88.95
88.95
LSL1
1,080.16
1,080.16
LYD1
10,380.94
10,380.94
MAD1
1,508.29
1,508.29
MDL1
854.73
854.73
MGA1
4.20
4.20
MKD1
271.19
271.19
MMK1
10.01
10.01
MNT1
5.84
5.84
MOP1
1,764.89
1,764.89
MRO1
40.12
40.12
MRU1
398.31
398.31
MUR1
415.87
415.87
MVR1
925.60
925.60
MWK1
19.63
19.63
MXN1
757.18
757.18
MYR1
3,537.67
3,537.67
MZN1
242.16
242.16
NAD1
1,077.30
1,077.30
NGN1
39.51
39.51
NIO1
450.66
450.66
NOK1
1,760.03
1,760.03
NPR1
129.93
129.93
NZD1
9,677.58
9,677.58
OMR1
37,052.86
37,052.86
PAB1
14,263.53
14,263.53
PEN1
4,363.80
4,363.80
PGK1
4,334.81
4,334.81
PHP1
266.73
266.73
PKR1
117.38
117.38
PLN1
3,880.93
3,880.93
PYG1
2.49
2.49
QAR1
3,917.47
3,917.47
RON1
3,584.70
3,584.70
RSD1
141.53
141.53
RUB1
228.85
228.85
RWF1
16.31
16.31
SAR1
3,803.20
3,803.20
SBD1
1,813.00
1,813.00
SCR1
1,053.43
1,053.43
SDG1
792.43
792.43
SEK1
1,617.24
1,617.24
SGD1
10,474.27
10,474.27
SHP1
18,879.89
18,879.89
SLL1
2.26
2.26
SOS1
24.66
24.66
SRD1
1,912.51
1,912.51
SSP1
109.49
109.49
STD1
0.67
0.67
STN1
675.35
675.35
SVC1
1,630.55
1,630.55
SYP1
27.69
27.69
SZL1
1,078.52
1,078.52
THB1
428.71
428.71
TJS1
1,514.59
1,514.59
TMT1
4,063.73
4,063.73
TND1
5,426.90
5,426.90
TOP1
6,181.14
6,181.14
TRY1
2,938.90
2,938.90
TTD1
2,116.94
2,116.94
TWD1
467.77
467.77
TZS1
6.25
6.25
UAH1
544.25
544.25
UGX1
3.87
3.87
USD1
14,263.53
14,263.53
UYU1
454.74
454.74
UZS1
1.82
1.82
VEF1
0.17
0.17
VND1
0.62
0.62
VUV1
131.40
131.40
WST1
5,518.02
5,518.02
XAF1
25.46
25.46
XAG1
225,347.35
225,347.35
XAU1
17,698,232.57
17,698,232.57
XCD1
5,277.80
5,277.80
XDR1
20,078.65
20,078.65
XOF1
25.46
25.46
XPD1
13,126,759.23
13,126,759.23
XPF1
139.95
139.95
XPT1
11,781,620.42
11,781,620.42
YER1
56.97
56.97
ZAR1
1,078.91
1,078.91
ZMW1
1,434.61
1,434.61
ZWL1
44.24
44.24
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services