The fourth round of IA-CEPA negotiations was hosted by Australia in Sydney from 23-26 August 2016. This was the second round of negotiations to be held since IA-CEPA's reactivation by Ministers in March 2016.

Over 100 delegates attended the negotiations. The Australian delegation was led by DFAT and included representatives of the Departments of: Industry, Innovation and Science, Agriculture and Water Resources, Health, Communications and the Arts, Employment, Immigration and Border Protection, Attorney-General's, Education and Training, and the Therapeutic Goods Administration. The Indonesian delegation was led by the Ministry of Trade and included representatives from a number of Ministries and Agencies including: Foreign Affairs, Agriculture, Finance, Industry, Communication and Information, Tourism, Health, Investment Coordinating Board (BKPM), Drug and Food Control (BPOM), Financial Services (OJK), Business Competition Supervisory Commission (KPPU), and the Bank of Indonesia.

Chief Negotiators from Australia and Indonesia reiterated the Ministers' priority to conclude negotiations within 12-18 months. Both parties also welcomed the delivery of the Indonesia Australia Business Partnership Group (IA-BPG) Phase II Report, noting its recommendations and considering how they will inform ongoing negotiations.

Dedicated negotiating groups commenced detailed discussions on goods, services, investment, economic cooperation, electronic-commerce, competition policy and institutional and framework provisions with each side sharing ideas and perspectives.

The fifth round of negotiations is scheduled to take place in Indonesia in October/November 2016.