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Jakarta Post

US extends trade privileges for Indonesia amid regional rivalry

  • Dian Septiari
    Dian Septiari

    The Jakarta Post

Jakarta   /   Mon, November 2, 2020   /  08:06 am
The Jakarta Post Image
Indonesian President Joko "Jokowi" Widodo gestures during a meeting with US Secretary of State Mike Pompeo at the Presidential Palace in Bogor, Indonesia, on Thursday.( CourtesyIndonesian Presidential Palace/Muchlis Jr)

In a move that appears to be aimed at pushing its Indo-Pacific campaign forward and alienating China from other Asian countries, the United States has extended preferential trade terms for Indonesia. Following the visit of US Secretary of State Mike Pompeo to Jakarta last week, the country has officially extended Indonesia’s Generalized System of Preferences (GSP) status, which eliminates tariffs on thousands of goods traded between the two countries.  The move comes after the Trump administration had considered ending the GSP status for Indonesia. Indo-Pacific refers to the region straddling the Indian and Pacific oceans, where countries like Japan, Australia and India, together with the US, have published their respective Indo-Pacific strategies to counterweigh China. Rooted in its free and active foreign policy principle, Indonesia has been adamant in ensuring t...