ISDS Case Map
Indonesia
It includes inroads on a bilateral investment treaty to strengthen economic cooperation.
Indonesia is committed to accelerating negotiations of the Regional Comprehensive Economic Partnership (RCEP), the Jakarta Post quoted Indonesian Trade Minister Enggartiasto Lukita as saying.
Both countries agreed to expand the PTA and opt for a Free Trade Agreement.
The European Union is currently negotiating a series of new free trade agreements that would have a negative impact on consumer rights, environmental standards and democratic principles.
Palm oil must be excluded from the free trade agreement between Switzerland and Indonesia. In an open letter to Federal Councillor Johann Schneider-Ammann, Swiss environmental, human rights, consumer and farming organizations are calling for this.
Trade negotiations kicking off Friday will cover tariffs, investor protections.
The member countries would deliberate on finalising the maximum number of goods on which duties will either be eliminated or reduced drastically. Matters pertaining to services sector are also expected to figure in the meeting.
Sri Lanka and Indonesia had agreed to study a free trade agreement during a state visit of President Joko Widodo to Colombo.
Trade Minister Enggartiasto Lukita kicked off the trade mission on Monday to two South Asia countries — India and Pakistan — taking with him 61 businesspeople to explore the cooperation with their counterparts in the two countries.
