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Indonesia


Civil society calls upon EU and Indonesia to respect the rights of Indonesia’s famers
Close to 90 NGOs and farmers’ organisations from Indonesia, the EU and around the world sent open letters to the EU Commission and the Indonesian government today, calling on them to refrain from any clause that restrict farmers’ rights in a future free trade agreement.
Trade Ministry expects IK-CEPA ratification in July
The Indonesia Trade Ministry expects the House of Representatives (DPR) to ratify the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) next month.
Indonesia-Sri Lanka trade Talks soon
Negotiations on the Indonesia-Sri Lanka Preferential Trade Agreement (ISL-PTA) will begin soon as both countries see the enormous potential to boost bilateral trade, said Ambassador of the Republic of Indonesia, Dewi Gustina Tobing.
S. Korea calls for quick ratification of trade deal with Indonesia
South Korea asked Indonesia to quickly ratify their trade deal as they seek to strengthen cooperation on supply chains and other economic issues.
EU seeks to speed up trade deals as Ukraine war forces rethink
The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine war and other challenges, EU trade commissioner said.
Peru close to starting FTA negotiations with Hong Kong and Indonesia
Peru Foreign Trade and Tourism Minister reported that exploratory work with a view to starting negotiations for future FTAs between Peru and the economies of Hong Kong and Indonesia will commence shortly.
Competing US, Canadian strategies in the Indo-Pacific
Minimum core labour standards appear to be a first principle of the US’ IPEF whereas Canada has already signalled to the Indonesian government that worker rights are negotiable in its Indo-Pacific trade deals.
EAEU to start talks with Indonesia around free trade agreement
The Eurasian Economic Union is planning to launch talks with Indonesia around a free trade agreement, Prime Minister of Armenia said.
Indonesia, Switzerland sign bilateral investment treaty
Indonesia and Switzerland have signed an investment promotion and protection agreement (P4M) to boost trade and investment between the two countries.
US-led Asia trade pact eyes clean energy, supply chains
US President Joe Biden has announced a new economic framework deal for Asia-Pacific designed to boost investment in clean energy infrastructure, drive decarbonisation efforts and strengthen regional supply chains.
Fisherfolk face eviction threats in West Bengal, says AIFFWF
The AIFFWF, in its organisational report, also highlighted the eviction of 2,250 families of fisherfolk, involved in small-scale fishing, from a lake spread over 10,187 acres.
Russian war leads EU bloc to push for faster trade deals
A group of European Union countries are pushing to kick start negotiations on stalled free-trade agreements as Russia’s war with Ukraine threatens the bloc’s economic and security interests.
Bangladesh wants to sign CEPA with India in a year
Bangladesh is keen to clinch a Free Trade Agreement not only with India but also with Indonesia and Sri Lanka in a year.
Canada, Indonesia agree to boost economic cooperation
Canada and Indonesia recently agreed to intensify economic cooperation, especially on trade, investment and energy transition. Indonesian foreign affairs minister Retno Marsudi and Canadian counterpart Melanie Joly signed the Indonesia-Canada Plan of Action for 2022-2025 during the latter’s visit to Indonesia to take ahead the cooperation initiatives.
Chinese companies exploit Indonesia’s natural resources under BRI Initiative
The operations of Chinese companies under the Belt and Road Initiative in Indonesia have become a hazard for the country’s environment, disturbing its ecological equilibrium resulting into population displacement.
Government likely to miss RCEP ratification target in Q1
Indonesia is likely to close its first quarter this year without ratifying the Regional Comprehensive Economic Partnership (RCEP), costing businesses and further delaying its economy from benefiting from the world’s largest free trade agreement.
IUAE-CEPA fourth round results in substantial agreements
The fourth round of IUAE-CEPA focused on resolving issues that still needed further discussion such as trade in goods and services, provisions of origin of goods, as well as legal and institutional issues.
UAE, Indonesia say trade deal could be signed next month
The United Arab Emirates and Indonesia are close to finalising a trade and investment deal after months of negotiations and could sign an agreement in March, officials from the two sides said.
Indonesia, Sri Lanka agree to push for PTA negotiations
Indonesian Ambassador to Sri Lanka and Sri Lanka Trade Minister have agreed to push for immediate negotiations on Preferential Trade Agreement between the two countries.
Govt hopes to conclude trade deals with EU, UAE this year
Indonesia Trade Minister said that at least three trade deals were slated for completion or near completion this year as part of government efforts to diversify export markets.