Indonesia, Australia Sign Free-Trade Deal

The video discusses Indonesia's recent trade deal with Australia, which took eight years to finalize and will see most goods traded tariff-free. The deal was delayed due to political controversies but is now expected to benefit both countries economically. Additionally, Indonesia is working on other trade agreements, including one with the European Union and the RCEP, to address its trade and current account deficits. These efforts are crucial for Indonesia's economic stability, especially with upcoming elections. The video also touches on Indonesia's economic challenges, such as its record trade deficit and the impact of interest rate changes.

What was the reason for the delay in signing the trade deal between Indonesia and Australia?

What recent trade deal did Indonesia finalize with Australia?

What percentage of goods will be traded tariff-free from Australia to Indonesia under the new deal?

What is the significance of the Regional Comprehensive Economic Partnership (RCEP) for Indonesia?

How did Indonesia's trade deficit change last year, and what was its impact?