The Indonesian government is pursuing a series of trade deals with non-traditional partners in Africa, Latin America and the Middle East in an effort to navigate international trade during and after the COVID-19 pandemic.
Indonesia stands to benefit from trade with the US, regardless of who wins the US 2020 presidential election, as the total exports and imports to and from the world’s largest economy expected to double to $60 billion in the next two years.
Minister of Trade Agus Suparmanto attended a virtual ’special caucus’ meeting of 10 ASEAN Economic Ministers discussed status of the RCEP draft and consolidated ASEAN countries’ position in preparation for the signing of RCEP agreement in this year.
Indonesia is set to sign a trade agreement with South Korea and seeks ensure that a larger deal at the regional level will also be inked, as the country focuses on increasing overseas market access in the hopes of lifting its economy out of the mire of the pandemic.
Indonesia expects to sign the Regional Comprehensive Economic Partnership (RCEP) in mid-November as the countries concerned finish negotiating the trade issues.
Indonesia has shown its keen interest to finalize the preferential trade agreement with Bangladesh, with an aim to boost bilateral trade between the two countries.
This article focuses on the treatment of electronic systems and data, such as data localization and personal data protection In Indonesia due to the IA-CEPA.
Indonesia’s newly appointed envoy to the US has vowed to double down on the government’s economic diplomacy push to ensure the country retains its trade perks and commences negotiations of a limited trade deal with Washington.
Indonesian CSOs assesses the national economic recovery strategy by strengthening policies economic liberalization focusing only on investment and exports will only be increasingly open space for corporate monopoly on economic resources.
The Regional Comprehensive Economic Partnership (RCEP) has entered the legal scrubbing phase and is expected to be signed soon without India.
Negotiations on the Regional Comprehensive Economic Partnership (RCEP) have entered the final stage of legal scrubbing and are set to be signed soon, with the exclusion of India.
Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point.
Indonesia will conduct a worker-exchange program with Australia to boost its human resources. The plan was announced by a senior government official just days after the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) entered into force.
The Government of Indonesia will soon resume trade negotiation with Pakistan on free trade agreement (FTA), which were suspended due to COVID-19.
Indonesia is eagerly anticipating the signing of the Regional Comprehensive Economic Partnership (RCEP) in November, believing the China-led trade pact could pave the way for more economic activity and a stronger recovery from the Covid-19 pandemic.
Australia’s new free-trade agreement with Indonesia, the world’s fourth largest country, officially began on Sunday.
Activists in Switzerland are calling for a ‘Stop Palm Oil’ referendum opposing the Swiss free trade agreement (FTA) with Indonesia. They submitted thousands of signed petitions to the Federal Chancellery in Bern on Monday.
Indonesia and 14 other negotiating countries agreed Tuesday to sign the Regional Comprehensive Economic Partnership (RCEP) this year to help their economies recover from the pandemic-induced downturn.
The 15 governments must consider the adverse impact of the mega FTA and put an end to trade agreements such as RCEP as they only increase protection and power of multinational corporations.
Amid the pandemic Covid-19 outbreak with the protocol health of all States, the trade negotiations for the Regional Comprehensive Economic Partnership (RCEP) is still ongoing. The Government should use the momentum of the pandemic to assess thorough draft related agreements RCEP.