20
February

Indonesian Trade Minister, Enggartiasto Lukita and South Korea Trade Minister, Hyun Chong Kim met in Jakarta on February 19 to discuss the way to enhance trade and economy relations between the two countries. During the meeting the two ministers agreed to reactivate Indonesia - Korea comprehensive economic partnership agreement (IK-CEPA). When met during the Indonesia - Korea business forum in Shangrilla Hotel, Jakarta on Tuesday (Feb19), Minister Enggartiasto mentioned that the initiation is targeted to reach 30 billion US Dollar.

"Relaunch of the agreement is also continued with Bisnis Forum which bring together Indonesian and Korean entrepreneurs. Therefore the target set by the two heads of states worth 30 billion US dollar in the next three years can be achieved. We agreed that the agreement will be signed in November at the meeting of the two heads of states, meaning that it must substantially be completed before November" Minister Enggratiasto said. 

Minister Enggartiasto added that this negotiation aims to reach both countries bilateral economy target that is expected will increase bilateral trade and investment relations to the highest level// NK

21
February

Indonesian Coordinating Minister of Maritime Affairs, Luhut Binsar Pandjaitan and Ambassador of the Kingdom of the Netherlands to Indonesia, Rob Swartbol met at Raffles Hotel in Jakarta on Wednesday (20/2) to discuss issues related to maritime cooperation on Bilateral Maritime Forum. In his opening remarks, Minister Luhut said that Indonesia has cooperated with many countries to emphasize different cooperation in each form.

 

“Indonesian maritime diplomacy is prepared to provide an outline of Indonesian maritime  vision to respond international challenges and related issues. This becomes an integral part of Indonesian foreign policy. Indonesian direction for greater cooperation is through not only multilateral forum but also bilateral challenges. As one of the implementations of the maritime diplomacy, the bilateral forum coordinated by the Coordinating Maritime affairs has form a bilateral cooperation from several countries, such as the USA, the Netherlands, Denmark, UK, Japan, Germany, and South Korea. They emphasize different cooperation in each forum. As we are all aware that Indonesia and the Netherlands join in equal, mutual and beneficial partnership. Indonesian participation in IORA is also encouraged to promote technical assistance, capacity building and exchange of information and science," said Luhut.

Minister Luhut added that number of follow-up cooperation in priority area has increased, including cooperation in maritime sector, such as the establishment of the bilateral Maritime Forum 2016.  The MoU in Maritime Cooperation between Indonesia and the Netherlands was signed in 2016. On the occasion, President Joko Widodo made a visit to the Netherlands. The major role of maritime development of the two countries serves as the basis of the MoU. (VOI/NK/RHM)

21
February

The draft government regulation on e-commerce will prioritize domestic products, Director General of Domestic Trade of the Trade Ministry Tjahya Widayanti stated.

"The draft regulation on e-commerce has yet to be finalized. However, it will prioritize domestic products," Widayanti noted here on Wednesday.

The draft regulation on electronic-based national trade system (SPNBE) has been discussed since 2015. Widayanti remarked that despite its priority on domestic products, the regulation will not explicitly mention the required percentage of domestic products that should be offered in online trading.

"However, we will prioritize domestic products to be sold on the e-commerce platform," she stated.

She admitted that the number of domestic products offered in e-commerce are limited, so the government has continued its efforts to increase online selling of domestic products.

"During the `Harbolnas` (national online buying day) recently, we have set a certain time to sell only domestic products," she added.

Widayanti could not as yet confirm whether the government would provide incentive for online platforms that sell domestic products, saying that they had yet to conclude the discussion on the draft regulation.(ant)

20
February

Indonesian Trade Minister, Enggartiasto Lukita and South Korea Trade Minister, Hyun Chong Kim met in Jakarta on February 19 to discuss the way to enhance trade and economy relations between the two countries. During the meeting the two ministers agreed to reactivate Indonesia - Korea comprehensive economic partnership agreement (IK-CEPA). When met during the Indonesia - Korea business forum in Shangrilla Hotel, Jakarta on Tuesday (Feb19), Minister Enggartiasto mentioned that the initiation is targeted to reach 30 billion US Dollar.

“The relaunch of the agreement is also continued with Bisnis Forum which bring together Indonesian and Korean entrepreneurs. Therefore the target set by the two heads of states worth 30 billion US dollar in the next three years can be achieved. We agreed that the agreement will be signed in November at the meeting of the two heads of states, meaning that it must substantially be completed before November,” said Airlangga.

Minister Enggartiasto added that this negotiation aims to reach both countries bilateral economy target that is expected will increase bilateral trade and investment relations to the highest level. (VOI/NK/DP)

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