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Prior to the agreement, the two countries had agreed to a
Framework Agreement on Comprehensive Economic Partnership sign by both trade ministers in November 2005. The full agreement was signed on 3 February 2012 in Jakarta after six rounds of negotiations. Indonesia formally ratified the agreement in
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Although trade between the two countries had significantly increased after the agreement's signing, Indonesia's exports to
Pakistan remained significantly higher than Pakistan's exports to Indonesia, with $ 2.53 billion exported by Indonesia and $ 296 million exported by Pakistan in 2017–2018. This
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Since its signing, at least three rounds of renegotiations have been held throughout 2016–2017, and on 27 January 2018 an amendment to the agreement was signed which expanded the number of goods covered by the agreements to 279 Indonesian and 320 Pakistani goods. Additionally, negotiations had
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The full agreement contained a single chapter with ten articles, the initial agreement containing lists of impacted
Pakistani and Indonesian merchandise which covered 232 Indonesian goods and 311 Pakistani goods. Among other items, the agreement allowed Pakistani
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deficit was the cause for
Pakistan's request for the agreement's amendment. In February 2019, the Indonesian government issued a notice which unilaterally eliminated tariffs for 20 additional Pakistani goods, including mangoes, ethanol, and textiles.
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commenced on upgrading the PTA to a trade-in-goods agreement (TIGA), with two rounds of additional negotiations in 2019–2020. The first round of negotiations was held in
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127:"An Analysis of the Pakistan-Indonesia PTA & a Framework for Negotiating the Pakistan-Indonesia FTA"
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152:"INDONESIA-PAKISTAN: Akhirnya Sepakat Ratifikasi Preferential Trade Agreement"
318:"Perjanjian Kerjasama RI-Pakistan Didasarkan Perpres : Okezone Economy"
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206:"Direktorat Jenderal Perundingan Perdagangan Internasional | Pakistan"
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344:"Indonesia offers immediate market access to 20 Pakistan's products"
236:"Pakistan, Indonesia officials discuss broadening of scope of PTA"
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November 2012, and the clauses came to effect in
September 2013.
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in 2018, the current agreement could be further amended into a
291:"Pakistani exporters irked as Indonesia delays import quota"
102:"INDONESIA – PAKISTAN PREFERENTIAL TRADE AGREEMENT (IP-PTA)"
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a 15 percent margin of preference when entering
Pakistan.
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to enter
Indonesia without tariffs and gave Indonesian
264:"'Pakistan-Indonesia PTA could be upgraded to FTA'"
178:"Trade: Pakistan, Indonesia PTA comes into effect"
373:Full agreement, including list of covered goods
18:Indonesia–Pakistan Preferential Trade Agreement
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66:in August 2019. According to Indonesian
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393:Free trade agreements of Indonesia
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388:Free trade agreements of Pakistan
324:(in Indonesian). 11 February 2019
289:Abbas, Ghulam (17 January 2020).
158:(in Indonesian). 22 November 2012
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210:Ministry of Trade (Indonesia)
106:Ministry of Trade (Indonesia)
32:, signed on 3 February 2012.
403:Indonesia–Pakistan relations
22:preferential trade agreement
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398:Treaties concluded in 2012
131:Pakistan Business Council
241:The News International
348:Daily Pakistan Global
75:free trade agreement
268:The Express Tribune
183:The Express Tribune
71:Enggartiasto Lukita
350:. 22 February 2019
216:on 24 October 2020
270:. 4 November 2018
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156:Bisnis.com
85:References
328:11 August
302:11 August
274:11 August
248:11 August
190:12 August
162:12 August
136:11 August
111:12 August
64:Islamabad
26:Indonesia
47:palm oil
30:Pakistan
24:between
322:Okezone
220:30 June
53:History
36:Clauses
354:31 May
43:kinnow
356:2023
330:2020
304:2020
276:2020
250:2020
222:2020
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113:2020
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