ISDS Case Map
Indonesia
While a free trade agreement (FTA) with the US could open up the market for Indonesian nickel, the incoming administration's protectionist stance makes this less likely. Indonesia's reliance on Chinese investment in its nickel industry could also complicate matters due to ongoing US-China trade tensions.
Indonesia and Japan have agreed to expedite the ratification process of the Protocol to Amend the Indonesia-Japan Economic Partnership Agreement (IJEPA) with the aim of implementing it in 2025. This amendment will enhance cooperation in various areas, including trade in goods and services, e-commerce, and intellectual property.
Indonesia and Canada have completed negotiations for a new trade agreement. The agreement aims to boost trade, investment, and economic cooperation between the two countries.
The negotiations of the trade deal between Indonesia and Canada have entered the final stage as the two economies wish to substantially conclude the agreement later this week.
Kenya has expressed interest in furthering cooperation with Indonesia, particularly in the textiles, apparel, energy, mining, and oil production sectors.
The 2022 BIT offers several important advances compared to the 1974 BIT, providing greater certainty and protection for investors.
Indonesia is seeking to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a major free trade agreement in the Asia-Pacific region. This move aims to increase Indonesia's trade and investment opportunities, especially with countries like Mexico, Peru, and Chile.
Indonesia's negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) have been slowed due to a change in the European Union cabinet. While the negotiations are nearing completion, changes in European negotiators have led to revised requirements for Indonesia.
Indonesia has officially applied to join the CPTPP. The decision comes after both the incumbent and incoming presidents expressed support for joining the trade agreement. While Indonesia has been hesitant to join in the past due to its focus on the RCEP, it now sees the CPTPP as a way to stay competitive and expand its trade partnerships.
