Territory Stories

Memorandum of Understanding between the Government of the Republic of Indonesia and the Government of the Northern Territory

Details:

Title

Memorandum of Understanding between the Government of the Republic of Indonesia and the Government of the Northern Territory

Other title

Tabled Paper 856

Collection

Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT

Date

1992-05-14

Description

Tabled by Marshall Perron

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2021C00044

Parent handle

https://hdl.handle.net/10070/293351

Citation address

https://hdl.handle.net/10070/397675

Page content

2 NOW IT IS AGREED as follows: Article 1 In this Agreement, the following words shall have the meaning ascribed to them: "Partners" means both the TDZA and PT. Kima. "Zones" means the TDZ and the Makassar Industrial Estate. "Joint Policy Committee" means the Committee established under the Memorandum of Understanding. "Trade Zone Partnership" means the Partnership created by this Agreement. Article 2 The Partners intend that by linking Indonesian and Australian management, marketing and technical skills through this Trade Zone Partnership, to enhance economic development in their respective regions by expanding their respective manufacturing, fabrication and processing industries and associated infrastructure and encouraging further investment and improved trading capabilities, and such other business activities as the Partners agree. Article 3 The Partners wish to place a high degree of emphasis on the following aspects of Zone and industry development: a) the interchange of ideas, knowledge, experience and technical information between the Partners to improve the management, operations, practices, infrastructure, site services and attractiveness of the Zones; b) capitalising on the publicity surrounding this Partnership Agreement to enhance the marketing and promotion of the Zones, and to undertake joint marketing and promotional activities as appropriate; c) through the Partnership to better understand each other's methods of business operations and business culture, to promote business ventures and to develop an appreciation of the needs of both Zone and the private sector to achieve successful and ongoing enterprises; d) ensuring that all industry wishing to establish in the Zones bring a real and measurable enhancement to the economy of each Zone and each region;


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