At present, Indonesia has not only developed a free trade policy between ASEAN countries, but also cooperation with other countries such as: Indonesia signed a comprehensive free trade agreement with Japan in 2007. In February 2012, it signed a preferential trade agreement with Pakistan, which both governments intend to transform into a free trade agreement. But the Pakistani government reportedly refused to start new negotiations until concerns about the existing agreement were lifted. He said the Indonesian government was also encouraging negotiations on the ASEAN-Australia-New Zealand trade agreement (ANZFTA), as well as a trade agreement between Indonesia and the European Free Trade Association (EIA-CEPA). Indonesia has signed and implemented a number of free trade agreements with countries and regions around the world as an independent market and as a member state of the Association of Southeast Asian Nations (ASEAN). Among the agreements, with all these years of work by Australia and Indonesia to create an exuberant environment for bilateral trade and investment, and given the proximity of our land masses, Indonesia can soon climb higher, where Australians do business. A number of opportunities continue to be offered to Australian businesses, as the larger and richer consumer base creates potential for potential markets. According to the latest available figures, Australia`s annual two-way trade with Indonesia is $14.8 billion. This means that only 2.2% of our total world trade with Indonesia is underway, underscores the huge growth potential of our larger trade revenues with much less populous countries like Malaysia, Singapore and New Zealand.
An interactive list of bilateral and multilateral free trade instruments can be find on the TREND Analytics website.  A Sustainable Impact Assessment (AIS) was launched in 2018 to support free trade negotiations between the EU and Indonesia. The ASA will assess the potential impact of the trade and trade provisions of the proposed free trade agreement on economic, social, human rights and environmental elements in any trading partner and in other countries concerned. Indonesia has been a member of the WTO since 1995 and enjoys trade preferences granted under the EU`s Generalised Preference System (GSP), which accounts for about 30% of total imports from Indonesia. Switzerland (which maintains a customs union with Liechtenstein, which is sometimes included in agreements) concluded bilateral agreements with the following countries and blocs: On 9 November 2009, a framework agreement on partnership and comprehensive cooperation was signed and entered into force on 1 May 2014. The agreement forms the basis of regular political dialogue and sectoral cooperation and takes bilateral relations to the next level. The agreement provides a legal framework for integration and cooperation in a wide range of policy areas, including human rights, political dialogue and trade. Indonesia is a member of the free trade agreement between ten ASEAN member states and China.