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Kadin prepares recomendation clauses for IE-CEPA negotiation
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Indonesia Chamber of Commerce and Industry (Kadin) Chairman Rosan Perkasa Roeslani (middle) and Kadin's Deputy Chief of Mineral Resources Garibaldi Thohir (right) hold a press conference at Kadin Tower on March 10. (thejakartapost.com/Anton Hermansyah)
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he Indonesian Chamber of Commerce and Industry (Kadin) praised the progress of the comprehensive economic partnership agreement with the European Union (IE-CEPA), announcing that it had proceeded to prepare a series of recommendations to be included in the clauses.
Kadin Chairman Rosan P. Roeslani said the recommendations were related to trade in goods and services, including government procurement and investment, as well as intellectual property rights.
"We welcome the progress of the CEPA. Kadin is fully supportive in this regard. We expect that the next part of the process will conclude after the preparatory discussion levels up with the negotiation process," he said in a press statement on Friday.
Kadin Deputy Chairman of International Relations, Shinta Widjaja Kamdani asserted the importance of addressing non-tariff barriers to achieve equal-treatment in Indonesia and UE trade regulation.
Related to trade in services, she said Kadin had encouraged the government to determine the service sectors that can be opened to foreign investment in order to trigger a multiplier effect for domestic companies.
For example, in the aviation sector, Kadin wants the EU to eliminate its ban on all Indonesian airlines. "Currently, only Garuda offers direct flights to the EU," Shinta said.
As for intellectual property rights, Indonesia should be able to protect trademarks on clothing and tobacco, she added.
Shinta voiced hope that IE-CEPA, through capacity building, infrastructure financing and technology transfers, would turn out to be a long-term beneficial cooperation for Indonesia. (ags)
