ISDS Case Map
Indonesia
The formation of a joint task force on the European Union's anti-deforestation law gave Indonesia some hope that it would be able to conclude its overdue trade deal with the 27-member bloc, according to a senior minister.
The disproportionate intellectual property protections the bloc proposes could threaten the affordability of generics that countries like India and Indonesia export to poorer nations.
The protection of human rights, social justice, and a sustainable environment, particularly for the Indonesian people, are threatened by the Indonesia-EU CEPA negotiations in their current form, so Indonesian civil society organized an action to demand that the European Commission and the Government of Indonesia immediately halt them.
Coordinating Minister for Economic Affairs Airlangga Hartarto has listed five strategic issues that need to be resolved promptly to complete the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) negotiations by the end of 2023.
Sri Lanka's cabinet has approved a proposal to enter into a preferential trade agreement with Indonesia as a preliminary step to reach a long-term free trade agreement.
Indonesia might be trying to strike a balance with both the rivaling US and China by joining the Washington-led Indo-Pacific Economic Framework for Prosperity (IPEF), according to research institution ISEAS-Yusof Ishak Institute.
In the era of the energy transition, questions of state control and power are back on the agenda in a big way.
Seeking to avoid the fiasco of finalizing negotiations during next year’s elections in Indonesia, the European Union wants to conclude trade negotiations by the end of this year, while its more controversial deforestation policy, which could hammer Indonesia’s palm oil industry, continues to cast a heavy pall in Jakarta.
Indonesia sees the European Union as conducting "regulatory imperialism" with its new deforestation law, but both sides would still engage in talks on a free trade deal, an Indonesian minister said.
Zulkifli Hasan, the minister of trade, said frankly that recent difficulties have made cooperation with the EU challenging. As a result, he acknowledged that he was developing a plan to predict how the EU would act.
