ISDS Case Map
Indonesia
Indonesia has caught the African fever, but with AfCFTA, it can do a lot more and faster in tapping the growing economic and business opportunities on offer
The European Union has slapped countervailing tariffs on imports of subsidized biodiesel from Indonesia. The southeast Asian country has threatened to retaliate but experts say counter tariffs could be self-destructive.
Vice President Jusuf Kalla has set a target to finalize talks on the free trade agreement between Indonesia and countries or regions, with potential market, by the end of the year.
The eighth round showed continued progress, with further text consolidation in most chapters under negotiation.
After a seven-year negotiation, Indonesia and the four EFTA countries -- Switzerland, Iceland, Norway and Liechtenstein -- signed the IE-CEPA last December.
Indonesian Ambassador to Pakistan stressed the need for enhancing bilateral relations with Pakistan, particularly in the fields of trade, culture, education and people-to-people contacts.
The ASEAN troika led by Indonesia had a “fruitful” and “very frank” dialogue with India on the RCEP and efforts are on to address Delhi’s concerns ahead of a meeting on the proposed trade agreement in China.
The Indonesian and Japanese governments are now working to complete the countries’ new economic partnership agreement, which is expected to be signed late this year.
The Indonesian government is seeking better market access to the Latin American region through the establishment of a working group with Argentina, a member state of South American economic bloc Mercosur.
ASEAN economic ministers have agreed to have representatives from Indonesia and Thailand, as well as ASEAN Secretary-General Lim Jock Hoi, engage with Indian officials over deadlocks in the negotiations of the bloc’s most strategic trade agreement.
