The Indonesian government is conducting a regulation gap analysis to identify laws and regulations that are not in accordance with the Trans-Pacific Partnership (TPP), hinting at the government's intention to join the Pacific Rim trade pact.
he Indonesian government is analyzing the regulation gap to identify laws and regulations that are not in accordance with the Trans-Pacific Partnership (TPP), hinting at the government's intention to join the Pacific Rim trade pact.
However, Abdulkadir Jailani, the director of international treaties at the Foreign Ministry, acknowledged that this will not be an easy task because many regulations and laws have to be adjusted to meet TPP provisions.
"Almost every single aspect of our lives is in there. This is a very big project," Abdulkadir told The Jakarta Post after a discussion about the TPP in Jakarta on Wednesday.
During his US visit last year, President Joko "Jokowi" Widodo expressed his intention to join the group. The President established a team to calculate the advantages and disadvantages of joining the Pacific grouping.
Laws that need to be adjusted include the Investment Law, particularly the articles related to dispute settlement, the Mining Law, the Horticulture Law, the Water Resources Law and the State-Owned Enterprises Law, said Abdulkadir.
"With only two years of deliberation, it's a big job, but if we really intend to join I think we will make it through," Abdulkadir added.
He said that in the team, the Foreign Ministry gave consideration to aspects of international law, legal institutions and provisions and dispute settlements and also discussed investment, the environment, intellectual property rights, competition and regulatory coherence.
"The regulatory coherence chapter is to ensure that national legislation is in accordance with the TPP," he explained, adding that the study will soon be submitted to the President. (bbn)
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