Indonesia
Indonesia signed a major comprehensive FTA with Japan in 2007. In February 2012, it signed a preferential trade agreement with Pakistan which the two governments intend to turn into an FTA. But the Pakistan government has reportedly refused to start new negotiations until its concerns on the existing agreement are addressed.
Right now, Indonesia is negotiating trade deals with Australia, Chile, EFTA (European Free Trade Area), the European Union, Korea, India and Ukraine. It has also expressed an interest to join the Transpacific Partnership (TPP) and to establish a free trade zone with the Eurasian Economic Union. Since 2012, Jakarta is part of the controversial Regional Comprehensive Economic Partnership (RCEP) talks with the nine other ASEAN (Association of South-East Asian Nations) governments and their six FTA partners: Australia, China, India, Japan, New Zealand and South Korea.
As member of ASEAN, Indonesia is also party to the group’s FTAs with Australia and New Zealand, China, India, Japan and Korea, as well as the ASEAN Economic Community.
Following a growing discontent against the investor-state dispute settlement (ISDS) mechanism, whereby foreign investors can seek compensation in an arbitration tribunal if new laws or regulations negatively affect their investment potential, Indonesia decided in 2014 to phase out 67 of its bilateral investment treaties. The government has terminated 20 treaties so far and has been developing a new model BIT that would supposedly reflect a more balanced approach between the country’s right to regulate and foreign investor protection.
last update: October 2016
Articles
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7-Sep-2017 Jakarta Post Indonesia expects to conclude four FTAs in 2017
The government is optimistic that it will conclude four bilateral free trade agreements this year: comprehensive economic partnership agreements (CEPA) with Australia, the European Free Trade Association and Chile as well as a preferential trade agreement (PTA) with Iran. -
30-Aug-2017 Jakarta Globe Peru, Indonesia to likely start trade talks in December: Minister
Peru and Indonesia will likely start negotiating a free trade deal in December as Lima pursues a "very aggressive" trade agenda following Washington’s withdrawal from the Trans-Pacific Partnership, Peru’s trade minister said on Tuesday -
24-Aug-2017 Jakarta Post Indonesia, Chile trade deal expected to be sealed by year-end
Indonesia and Chile are both confident about concluding a comprehensive economic partnership agreement on time at the fifth round of negotiations in Chile, scheduled for this October. -
11-Jul-2017 Antara News Indonesia-Iran agree to finalize trade negotiation in 2017
Indonesia and Iran have agreed to finalize negotiation on the Preferential Trade Agreement by the end of 2017, to expand access and diversify of exported products to non-traditional markets. -
7-Jul-2017 Tempo Joko Widodo, Erdogan sign trade deal
President Joko Widodo said that the governments of Indonesia and Turkey have agreed on a trade deal. It includes fewer trade barriers and creation of conducive investment climate. -
19-Jun-2017 Global Trade US and Indonesia agree to step up work to expand trade
Officials from the United States and Indonesia met under their Trade and Investment Framework Agreement (TIFA), agreeing on next steps for expeditiously resolving bilateral issues and further building their trade relations. -
30-May-2017 Indonesia Expat Indonesia and Australian complete 7th economic partnership round
The main issues discussed during the round included trade — including the origin of goods, customs procedures and trade facilitations — investment, electronic trade, business competition and institutional framework provisions. -
26-Apr-2017 Indonesia Investments Working on a bilateral trade agreement between Indonesia-USA
The Indonesian government is currently studying the opportunities and challenges with regard to the making of a new bilateral trade deal with the USA. -
31-Mar-2017 Jakarta Post Indonesia-European trade talks on track; to conclude this year
Indonesia has said twelfth round of negotiations on forming a comprehensive economic partnership agreement with the European Free Trade Association are on the right track. -
15-Mar-2017 Jakarta Post Indonesia-Chile CEPA negotiations resume after delay
After being delayed for more than two years, negotiations for a comprehensive economic partnership agreement between Indonesia and Chile resumed. -
28-Feb-2017 Jakarta Post Gold jewelry maker asks government for FTA with UAE
Major gold jewelry producer has asked the government to establish a free trade agreement with the United Arab Emirates to lower the country’s import tax for Indonesian jewelry. -
8-Dec-2016 Jakarta Post Indonesia to finalize five trade deals next year in hunt for wider markets
As Indonesia accelerates talks with 15 Asia-Pacific nations, it is prioritizing the conclusion of five trade deals to open access to foreign markets and lure inflows of investment. -
29-Aug-2016 The Jakarta Post Financial services liberalization in jeopardy
There are prominent dangers associated with the negotiation of IA-CEPA, particularly with the financial services liberalization. -
8-Aug-2016 Ukraine Today Ukraine and Indonesia to start talks on free trade zone
Ukrainian President Petro Poroshenko and his Indonesian counterpart Joko Widodo have agreed to start consultations on establishing a free trade zone between Ukraine and Indonesia. -
4-Aug-2016 The Jakarta Post RI eyes to develop key sectors from Australian trade deal
Indonesia is hoping to develop a number of key sectors through an anticipated free-trade deal with Australia, which is aimed at boosting trade and investment between the neighboring countries. -
3-Aug-2016 Sidney Morning Herald Indonesia and Australia recommit to free trade deal in 18 months
Indonesia and Australia have recommitted to finalising a free trade deal within 18 months despite the appointment of a new Indonesian trade minister. -
1-Aug-2016 Antara RI, Australia to conclude trade agreement
Australian Trade, Tourism and Investment Minister Steven Ciobo is visiting Indonesia to conclude a free trade agreement with Indonesia. -
23-Jun-2016 The Jakarta Post Antam to use FTA for gold business
Diversified miner Aneka Tambang (Antam) hopes to utilize a free trade agreement (FTA) scheme to expand its gold business. -
20-May-2016 TASS EAEU-Indonesia free trade zone may be set up after Jakarta files request
Work on establishing the free trade zone between the Eurasian Economic Union (EAEU) and Indonesia may start after Jakarta files a corresponding application -
13-May-2016 The Jakarta Post Indonesia eyes FTA with Australia in 2017, CEPA with EU in 2018
Indonesia is hoping to seal a free trade agreement ( FTA ) with Australia in 2017, followed by a comprehensive economic partnership agreement ( CEPA ) with the European Union in 2018.
News from the movements
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15-Sep-2017 Argentina Mejor sin TLC
Argentina - Segundo Encuentro Nacional Preparatorio contra la OMC
Desde la Asamblea “Argentina Mejor sin TLC” invitamos al Segundo Encuentro Nacional contra la OMC en Argentina, que tendrá lugar el sábado 30 de septiembre de 10 a 17 horas en la Facultad de Ciencias Sociales de la UBA. -
14-Sep-2017 bilaterals.org
Inde : les vendeurs de rue se battront contre le RCEP jusqu’au bout
Le RCEP détruirait une part importante de l’économie indienne et des moyens d’existence de la population, pour privilégier les marchés internationaux.
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13-Sep-2017 GRAIN
La nueva cara del colonialismo: los acuerdos de asociación económica entre la Unión Europea y África
Un nuevo informe captura voces de diferentes ámbitos del continente africano que nos hablan de los devastadores efectos de los Acuerdos de Asociación Económica impulsados por la Unión Europea. -
13-Sep-2017 Popular Resistance
No #NAFTA2, yes to trade for people & planet
We propose a vision for trade that serves working people and protects the planet. That is why we have to say #NoNAFTA2, and make a radical refusal of any new or re-worked corporate trade deals. -
10-Sep-2017 La Via Campesina
10 de Septiembre, Día de Acción Global contra la OMC y los ALC
Aujourd’hui, La Via Campesina appelle les mouvements sociaux et les organisations de la société civile de la planète à se mobiliser et à coordonner leurs résistances contre l’Organisation mondiale du commerce (OMC) et les traités de libre-échange (TLC), à construire des alliances solidaires et à se préparer pour une semaine mondiale d’action en décembre 2017. -
10-Sep-2017 La Via Campesina
10 septembre, Journée internationale d’action contre l’OMC et les accords de libre-échange
Aujourd’hui, La Via Campesina appelle les mouvements sociaux et les organisations de la société civile de la planète à se mobiliser et à coordonner leurs résistances contre l’Organisation mondiale du commerce (OMC) et les traités de libre-échange (TLC), à construire des alliances solidaires et à se préparer pour une semaine mondiale d’action en décembre 2017. -
10-Sep-2017 La Via Campesina
September 10, the International Day of Action against WTO and FTAs
Today, La Via Campesina is calling upon social movements and civil society organisations of the world to mobilise and organise our resistances against the World Trade Organisation and free trade agreements, build solidarity alliances and prepare for a worldwide week of action in December, coinciding with the 11th WTO ministerial that is scheduled to take place in Argentina. -
10-Sep-2017 CNCD-11.11.11
CETA : Le CNCD-11.11.11 salue la saisine de la Cour de justice par la Belgique
« La saisine permettra de clarifier la légalité de la clause d’arbitrage qui concerne non seulement le CETA, mais également le JEFTA avec le Japon et le VEFTA avec le Vietnam » explique Michel Cermak, chargé de recherche au CNCD-11.11.11
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