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Bali nine executions: What now for Australia and Indonesia?

The fallout between the two countries has started. Following the executions of Andrew Chan and Myuran Sukumaran, Indonesia has come under attack from the UN, and especially Australia.  Australia has retaliated by recalling their ambassador Paul Grigson, and it seems certain that foreign aid to Indonesia will be slashed considerably. On the internet, thousands of Australian social justice advocates have sworn to never visit Indonesia again, culminating in the boycott Indonesia campaign.

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The importance of trade relations between Australia and Indonesia

If you have been following the news lately, there have been growing tensions between Australia and Indonesia as two Australian citizens, Andrew Chan and Myuran Sukumaran are facing execution for smuggling drugs. A diplomatic visit to Indonesia by our trade minister, Andrew Robb, has already been cancelled and there have been suggestions by Indonesians and Australians alike to sever trade relations between the countries, while some Australians plan to boycott travel to Bali. With regard to trade, how important is Australia to Indonesia, and vice versa? Do the two nations significantly trade with each other? Let’s find out.

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Free trade nations

With slowing growth in the BRICS and the underwhelming recovery in the U.S., many nations around the world are looking to free trade. Australia, among others, has been negotiating agreements with Asia, forming the Trans-Pacific Partnership.

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Syria: the economic costs behind a civil war

The Syrian civil war officially began with demonstrations as part of the Arab Spring protest movement in March 2011. Forces opposed to the government, such as the Free Syrian Army, have been seeking to oust the Ba’ath Government and defend the violence against opposition protesters. According to the United Nations, more than 100,000 people have died in this conflict.

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