JAKARTA, July 2 (Xinhua) -- Indonesia is seeking for the FTA (free trade agreement) with Australia, India and New Zealand after similar agreements with China, the ASEAN and South Korea.

    "We made an initial negotiation with India, Australia, and New Zealand, but so far, the most comprehensive one is with Japan," the Antara News Agency on Wednesday quoted Anggito Abimanyu, the head of Fiscal Policy Board, as saying.

    According to him, the agreement on cooperation with the three countries will be focused on trading only.

    The FTA with the three countries, according to Anggito Abimanyu, is not as big as what Indonesia has made with Japan through The Japan-Indonesia Economic Partnership Agreement (JIEPA). "It only involves exempting and reducing the tariff cost," said Abimanyu.