Indonesian government wants free trade pact with Australia.

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neverfail
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Indonesian government wants free trade pact with Australia.

Post by neverfail » Thu Feb 06, 2020 3:36 pm

https://www.brisbanetimes.com.au/world/ ... 53yje.html

....and that's no Joko! ( :o Oh, forgive my tasteless, attempted pun! :oops: )

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Doc
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Re: Indonesian government wants free trade pact with Australia.

Post by Doc » Thu Feb 06, 2020 3:43 pm

neverfail wrote:
Thu Feb 06, 2020 3:36 pm
https://www.brisbanetimes.com.au/world/ ... 53yje.html

....and that's no Joko! ( :o Oh, forgive my tasteless, attempted pun! :oops: )
Do they want a free lunch as well? :P
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

neverfail
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Re: Indonesian government wants free trade pact with Australia.

Post by neverfail » Thu Feb 06, 2020 6:22 pm

Doc wrote:
Thu Feb 06, 2020 3:43 pm


Do they want a free lunch as well? :P
If they do they are looking to the wrong country.

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Doc
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Re: Indonesian government wants free trade pact with Australia.

Post by Doc » Thu Feb 06, 2020 9:40 pm

neverfail wrote:
Thu Feb 06, 2020 6:22 pm
Doc wrote:
Thu Feb 06, 2020 3:43 pm


Do they want a free lunch as well? :P
If they do they are looking to the wrong country.
What ? Not even a special?
Image
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

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Milo
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Re: Indonesian government wants free trade pact with Australia.

Post by Milo » Fri Feb 07, 2020 8:25 am

I am told Indonesia is hopelessly corrupt, maybe free is too high a price?

I think Brexit, Trump's tariffs against China etc. reflect a new era in international trade, where quality is finally getting some thought, instead of a rush to get quantity.

neverfail
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Re: Indonesian government wants free trade pact with Australia.

Post by neverfail » Fri Feb 07, 2020 2:06 pm

Milo wrote:
Fri Feb 07, 2020 8:25 am
I am told Indonesia is hopelessly corrupt, maybe free is too high a price?
It would be truly lovely if we lived in a world where all nations conducted their business to such a high standard of propriety that it would measure up to your (and my own) high standards. Regrettably we live in a sinful world where you cannot always pick and choose your best external trading partners.

https://en.wikipedia.org/wiki/Corruptio ... ions_Index

If Indonesia is "hopelessly corrupt" then so is our biggest overseas trading partner The Peoples Republic of China. This Transparency International chart reveals that while China is the 80th most corrupt country on Earth Indonesia is the 85th most corrupt. No significant difference between them in level of corrupt conduct.

The PRC has become so important to Australia as a trading partner NOT because it is corrupt but because that is where the bulk of global demand for the sort of goods and services we export comes from. It would be lovely if we could sell these same products in bulk to the likes of Denmark, New Zealand and your country (all of whom are less corrupt than even my country) but unfortunately market demand in these places is minuscule compared to that of the PRC and our other monsoon Asian trading partners (all of whom save Singapore are more corrupt than my country).

On the whole we have found the PRC to have been reasonable square in its dealings with us. Indonesia can be a bit of a pain in the arse to deal with (so can we be from their perspective) but thus far the relationship has been managed well from both sides. Live in hope that it will continue to be so.

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