The seventh round of IA-CEPA negotiations was hosted by Indonesia in Jakarta from 22–26 May 2017. This was the fifth round of negotiations since IA-CEPA's reactivation by Ministers in March 2016.

The Australian delegation was led by DFAT and included representatives of the Departments of: Agriculture and Water Resources, Attorney-General's, Immigration and Border Protection, and Industry Innovation and Science.

The Indonesian delegation was led by the Ministry of Trade and included representatives from a number of Ministries and Agencies including: Agriculture, Business Competition (KPPU), Communication and Informatics (KOMINFO), Coordinating Ministry of Economic Affairs, Finance, Financial Services Authority (OJK), Foreign Affairs, Industry, Investment Coordinating Board (BKPM), National Planning Development (BAPPENAS), National Standardization Agency (BSN), and Public Works and Public Housing.

Australia and Indonesia exchanged revised market access offers for goods and services, and an initial market access offer for investment. Dedicated negotiating groups continued detailed discussions on goods, services, investment, economic cooperation, electronic-commerce, competition policy and institutional and framework provisions. Some negotiating groups agreed to meet intersessionally to progress discussions ahead of the next round. Chief Negotiators from Australia and Indonesia reaffirmed both parties' commitment to conclude negotiations within 2017.

Chief Negotiators and negotiating group leads also briefed the Indonesia-Australia Business Partnership Group (IA-BPG) members on the progress of IA-CEPA. Chief negotiators welcomed and appreciated the inputs of IA-BPG members to improve the quality of the agreement as well as to support broader outreach to stakeholders.

The eight round of negotiations is scheduled to take place in Australia in August 2017.