Indonesia and Canada are set to bring into force the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) on 1 December 2026. Under the deal, the two countries agreed to eliminate import duties on about 3,100 tariff lines. Coordinating Minister for Economic Affairs Airlangga Hartarto made the announcement at a bilateral meeting with Canada’s International Trade Minister Maninder Sidhu in the Philippines on Sunday (15/11).
Ratification completed
Airlangga said Indonesia completed ratification of the agreement through a presidential regulation. Indonesia sent official notification to Canada through a diplomatic note in October 2026.
Airlangga said the agreement was an important step in strengthening economic relations between the two countries. He said he hoped business actors in both countries could use it to increase trade and expand investment in strategic sectors.
Trade figures show growth
Bilateral trade reached 4.3 billion US dollars in 2025. Indonesian exports to Canada grew 11.07 percent from 2021 to 2025, rising from 1.06 billion to 1.70 billion US dollars. Telephones and gadgets led the export list at 114 million US dollars, followed by electronic machinery at 103 million.
Bilateral trade reached 4.03 billion US dollars in January to September 2026, up 19.76 percent from the same period a year earlier. Indonesian imports from Canada totalled 2.73 billion US dollars over the nine months, against exports of 1.29 billion.
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Next steps
Indonesia and Canada plan a Trade and Investment Summit in 2027. Indonesia also hopes negotiations under the ASEAN-Canada Free Trade Agreement (ACAFTA) can be concluded by March 2027.
Related: Indonesia posts $3.36 billion trade surplus in September · Canada and UAE sign free trade agreement in Ottawa
