ISDS Case Map
Indonesia
Mercosur is negotiating with South Korea, Canada and Singapore, while Indonesia and Vietnam are possible candidates. Plus, a deal with the European Free Trade Association is in its final stages.
With new regulatory changes now taking place on the basis of the EU’s Renewable Energy Directive (RED) II of 2018, Indonesia and Malaysia are trying to come to terms with the implications for their global palm oil market strategy and domestic production.
A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said.
The economic importance of IA-CEPA remains to be seen, at least from Indonesia’s side. IA-CEPA would require many changes in Indonesian regulations at the ministerial and local levels, which has been very challenging in the past.
The Swiss parliament ratified a Free Trade Agreement between the European Free Trade Association and Indonesia, allegedly without addressing the environmental concerns regarding Indonesian palm oil production.
Indonesia is currently a major perpetrator of human rights abuses against its own minority groups, specifically their LGBTQI community, which makes this partnership questionable in view of Australia’s signature on the UN Human Rights Charter.
Bilateral trade deal sceptics have criticised the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) as more of a strategic public relations document than genuine economic reform.
The sustainable impact assessment report of the free trade agreement between the European Union and Indonesia is not easy to find. Yet some of its findings are quite worrying.
