Canada and Indonesia held their eleventh round of Foreign Investment Promotion and Protection Agreement (FIPA) negotiations from April 10 – 11, 2012 in Indonesia.
A bilateral FIPA will provide greater predictability and certainty for Canadian investors considering investment opportunities in Indonesia. Canada’s objective in entering these negotiations is to secure a comprehensive, high-quality agreement which will protect investors through the establishment of a framework of legally binding rights and obligations.
In 2011, the stock of Canadian direct investment in Indonesia was C$3.65 billion. Canada's business community has consistently identified Indonesia as a priority partner, with significant investment opportunities in a variety of sectors including natural resources, financial services, infrastructure, and telecommunications, among others.
If you have questions or comments, please contact Foreign Affairs and International Trade Canada at:
Investment Trade Policy Division (TNI)
Foreign Affairs and International Trade Canada
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario K1A 0G2