Senate debates

Monday, 23 November 2015

Questions without Notice

Trade with Indonesia

2:57 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

The backdrop to Australia Indonesia Business Week was a very successful meeting between the Prime Minister, Mr Turnbull, and Joko Widodo, the President of Indonesia. It was clear from the reporting not just from what we have received internally that this was a meeting of the minds: two people with business backgrounds who understood each other and able to speak authoritatively around issues to do with how we, as a country, can assist the development of Indonesia. That is the backdrop. Frankly, to date we have not done well enough. There are less than 250 Australian businesses with a presence in Indonesia. Two-way trade in goods and services is just $16 billion per annum. That is why we need to invest more and more in the Canberra Jakarta bilateral relationship. As a result of what happened with Australia Indonesia Business Week, the fact that we could devote so many high-level ministerial resources and Austrade resources, provides— (Time expired)

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