Victoria's relationship with Southeast Asia
Southeast Asia is a diverse and economically dynamic region, with a total population of over 600 million people. Victoria enjoys strong relationships with Association of Southeast Asian Nations (ASEAN) member countries.
The growth of the region's 'consuming class' and associated demand for the quality food and fibre, education, and professional services for which Victoria is renowned provides a strong basis for our trade and investment partnerships with the region to develop further.
Indonesia is rapidly emerging as a regional and global economic power.
Indonesia is Victoria's ninth largest export market for merchandise and the third largest export market for Victorian food products. Indonesia is an increasingly important market for Victorian education and training providers, ICT, tourism and health care. Indonesia is also a major source of petroleum and other industrial goods for Victoria.
Bilateral relations between Victoria and Indonesia continue to develop and strengthen thanks to strong efforts from Government and organisations from the two regions.
The Hamer Scholarships Program is an initiative that supports Victorians to study Indonesian in-country and helps to build people-to-people links.
The Southeast Asian region is already a key destination for Victorian exports. Southeast Asia is a major market for Victorian dairy, grain, meat and temperate fruit, and is a significant source of tourists and international students, with Vietnam alone representing our third largest source of international students after China and India. Australia's Free Trade Agreement (FTA) with the ASEAN region and bilateral FTAs with Malaysia, Singapore, and Thailand have supported the continued growth in trade between Victoria and Southeast Asia.
The Victorian Government maintains a strong presence in Southeast Asia through its Victorian Government Trade and Investment (VGTI) in Kuala Lumpur, which was established in 2008. Indonesia's VGTI was opened in Jakarta in 2014 and a VGTI in Singapore has opened in 2016, increasing Victoria's presence and supporting the growth of investment, trade and people-to-people links.
ASEAN Trade and Investment Strategy
On 5 March 2018, the Victorian Government announced the preparation of an ASEAN Trade and Investment Strategy. The strategy will directly address the key opportunities and challenges coming from the region, and will build on the strong existing two-way connections between the parties.