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==Economy and trade== |
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==Economy and trade== |
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Trade has been made even easier by the ASEAN Australia-New Zealand Free Trade Agreement, which came into force for New Zealand in December 2009 and at the start of this 2012 for Indonesia. The deal will eliminate tariffs on all imported goods by 2020. Traditionally Indonesia viewed New Zealand as the source of ] and ]s, such as beef, milk, and cheese, a role that also shared with ]. |
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Trade has been made even easier by the ASEAN Australia-New Zealand Free Trade Agreement, which came into force for New Zealand in December 2009 and at the start of this 2012 for Indonesia. The deal will eliminate tariffs on all imported goods by 2020. {{cn}} Traditionally Indonesia viewed New Zealand as the source of ] and ]s, such as beef, milk, and cheese, a role that also shared with ]. |
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In 2012, New Zealand’s exports to Indonesia reached NZ$856 million, while Indonesia’s exports to New Zealand was at NZ$724 million. Total two-way trade for 12 months to June 2012 was NZ$1.58 billion. Indonesia was New Zealand’s 13th largest trading partner for goods trade.<ref name="JakartaPost"/> |
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In 2012, New Zealand’s exports to Indonesia reached NZ$856 million, while Indonesia’s exports to New Zealand was at NZ$724 million. Total two-way trade for 12 months to June 2012 was NZ$1.58 billion. Indonesia was New Zealand’s 13th largest trading partner for goods trade.<ref name="JakartaPost"/> |
Trade has been made even easier by the ASEAN Australia-New Zealand Free Trade Agreement, which came into force for New Zealand in December 2009 and at the start of this 2012 for Indonesia. The deal will eliminate tariffs on all imported goods by 2020. Traditionally Indonesia viewed New Zealand as the source of meat and dairy products, such as beef, milk, and cheese, a role that also shared with Australia.
In 2012, New Zealand’s exports to Indonesia reached NZ$856 million, while Indonesia’s exports to New Zealand was at NZ$724 million. Total two-way trade for 12 months to June 2012 was NZ$1.58 billion. Indonesia was New Zealand’s 13th largest trading partner for goods trade.
New Zealand has placed a new emphasis on education in its bilateral ties with Indonesia by expanding cooperations between universities, offering more scholarships and holding education fairs. The number of Indonesian students in the island nation is now 800 out of 100,000 international students.