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View all search resultsNews reports suggest that talks aimed at reaching a final bilateral trade agreement were in danger of collapsing over growing frustration in Washington.
rade negotiations between Indonesia and the United States remain ongoing, the government insists, seeking to dispel reported US concerns over the implementation of a handshake deal agreed in July.
“There are no specific issues with the discussions, and normal dynamics are part of the process,” a spokesman for the Office of the Coordinating Economy Minister, Haryo Limanseto, told The Jakarta Post on Wednesday.
The statement comes after several media reports, citing growing frustration in Washington, suggested talks on a bilateral trade agreement were in danger of collapsing.
The deal with Indonesia could be at risk, because Jakarta reportedly backtracked on several commitments, “reneging” on what the two countries had agreed, Reuters reported on Wednesday, citing a US official who spoke on condition of anonymity.
US officials now believe Indonesia is “backsliding” on agreements to eliminate nontariff barriers on American industrial and agricultural exports as well as on digital trade issues, the Financial Times reported on Wednesday.
The two sides are also clashing over an effort by the US to include clauses Indonesia sees as infringing on its economic sovereignty, according to the FT.
The US Embassy in Jakarta declined to comment. The US Trade Representative (USTR) did not immediately respond to the Post’s request for comment.
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