Inquiry into Western Australia’s bilateral trade relationship with the Republic of Indonesia
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Inquiry into Western Australia’s bilateral trade relationship with the Republic of Indonesia

Economics and Industry Standing Committee

          The Economics and Industry Standing Committee will inquire into and report on matters relating to Western Australia's bilateral trade relationship with the Republic of Indonesia. In particular, the committee will examine:

          1) The role of the State Government within Australia's national trade and investment ecosystem, in relation to Indonesia, taking into consideration:

            a) The Team Australia approach to national trade and investment agenda led by the Department of Foreign Affairs and Trade and Austrade.

            b) How the State Government could optimise outcomes for Western Australia by adopting a Brand WA approach to Indonesian trade and investment.

          2) The current status of Western Australia's bilateral trade relationship with Indonesia, and implications of the ratification of the IA-CEPA (which establishes an economic powerhouse model of collaboration at the national level) with particular reference to job creation and economic growth in the future.

          3) The work of Invest and Trade WA in facilitating Indonesian trade and investment opportunities and measuring the success of those opportunities, in particular examining:

            a) Engagement with Western Australian businesses that:

              i) would benefit from the provisions in IA-CEPA;

              ii) are not existing companies or industries that trade with Indonesia; and/or

              iii) are looking to trade with Indonesia for the first time.

            b) The facilitation of Indonesian foreign investment into the state.

          4) Whether the State Government is adequately developing a bespoke, proactive, and long term engagement strategy with Indonesia.

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