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Jakarta Post

EU, RI look to negotiate CEPA points

  • Tama Salim

    The Jakarta Post

Brussels   /   Thu, December 1 2016   /  08:56 am

Indonesia will seek a win-win outcome for the Comprehensive Economic Partnership Agreement (CEPA) with the European Union, having exchanged views on a number of crucial sticking points ahead of the next round of negotiations in January.

The EU and Indonesia began earnest talks on the free trade pact in September following the signing of scoping papers earlier in April.

Issues discussed in the negotiations include market access for trade in goods and services, customs and trade facilitation, sustainable development and dispute settlement.

With regard to dispute settlement, Foreign Minister Retno LP Marsudi said the EU had proposed handling disputes by using the investment court system (ICS), an updated version of the notorious investor-state dispute settlement (ISDS) mechanism.

Retno met EU Trade Commissioner Cecilia Malmström on Tuesday at the EU Commission o...