Australia and Indonesia have signed an economic memorandum of understanding amid bleak warnings about a future global recession.
Australia, Indonesia vow to strengthen economic ties
Australia and Indonesia have pledged to increase economic cooperation ahead of a G20 finance ministers meeting.
Treasurer Jim Chalmers met with Indonesian Finance Minister Mulyani Indrawati in Canberra on Monday to sign the memorandum of understanding.
The agreement will facilitate the exchange of departmental officials from both nations, with dialogue and cooperation to focus on areas such as tax policy and financial regulation.
Clean energy, climate financing and pension systems were also on the agenda.