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Jakarta Post

RCEP countries aim to strike balance on e-commerce ahead of trade deal conclusion

  • Dian Septiari

    The Jakarta Post

Jakarta   /   Thu, September 19 2019   /  12:38 am
Iman Pambagyo (Antara)

Iman Pambagyo (Antara)The different levels of digital trade development and readiness among the 16 countries currently negotiating the Regional Comprehensive Economic Partnership (RCEP) have placed e-commerce in a list of top major issues to be finalized in the coming months.Experts have said that balancing the interests of more advanced nations with those that would prefer a more cautious approach to the rapidly evolving sector be key to wrapping up negotiations for the trade deal by the end of
this year.“The RCEP that we are negotiating basically covers everything and one of the chapters covers e-commerce,” Indonesia’s lead negotiator, Iman Pambagyo, told reporters on the margins of the Centre for Strategic and International Studies Global Dialogue in Central Jakarta on Tuesday.“But I see a lot of ambiguity here and there because we don't have a multilateral discipline that...