The Indonesia-Australia Comprehensive Economic Partnership Agreement (“the IA-CEPA”) enters into force in Australia on 05 July 2020 vide the Notice of Entry into Force of the Indonesia-Australia Comprehensive Economic Partnership Agreement dated 25 June 2020 (“the Instrument”)
According to the Preamble of the IA-CEPA, the countries recognise “that open, transparent and competitive markets are key drivers of economic growth, poverty reduction, job creation, innovation, expansion of productive capacity and human development”.
International Trade obligations are relevant in migration context as labour market testing is not required in case of any conflict with these obligations. In this regard, the Migration (LIN 20/029: Determination of International Trade Obligations Relating to
Labour Market Testing) Instrument 2020 dated 28 January 2020 provides a list of 14 agreements, including the IA-CEPA, that determines international trade obligations of Australia regarding labour market testing.
To read the Instrument, click here.
To see list of all Australia’s international trade obligations, click here.