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Jakarta Post

Asia told to maintain economic openness

  • Marguerite Afra Sapiie

    The Jakarta Post

Jakarta   /   Wed, June 13 2018   /  02:30 am

Asian countries should maintain their commitment to promoting economic openness amid a rising tide of protectionism and unilateralism that threatens to disrupt global trade and stability.Speaking in Tokyo on Tuesday at the 24th Conference on the Future of Asia, Vice President Kalla expressed concern about how common values pursued by nations, including democratization and economic openness, were currently fading away.In recent years, he said, alternative views that started from “inward looking and self-centered values” had challenged the principle of openness that promoted collaboration among nations and thus thrust the sense of togetherness into disarray.Kalla cited as examples of the United States’ withdrawal from the Trans-Pacific Partnership (TPP) and its protectionist approach of initiating trade wars with other countries, both moves that Kalla said would eliminate decades of ...