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View all search resultsThe 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.
Indonesia could lose US$20 billion of potential trade if it decided not to join the Trans-Pacific Partnership (TPP) — a trade pact between the US and 11 other Pacific Rim countries, including Malaysia, Singapore, Brunei, Japan and Vietnam, an official has said.
The Trans-Pacific Partnership (TPP) would be an uneven playing field for Indonesian businesses, given the country's low ratings in various fields compared to 12 members of the trade bloc led by the US, economist Emil Salim has said.
The intention to open up the economy is surely to attract more investment in e-commerce. However, it will come at a cost that is not low, as opening up the economy for competition surely will reduce the policy space of the government.The government needs policy space to regulate for public interest. It remains to be seen how the TPP will influence future regulation in the field of e-commerce. It is not only the case of Amazon, Lazada, Grab, Uber and Facebook but also many other companies such as Twitter and Google.
The integration of ASEAN ought to be more thoroughly explained to the people of Southeast Asia in order to speed up the creation of a single-market with the potential to be as large as the Trans-Pacific Partnership (TPP), said an economist at the 33th anniversary of The Jakarta Post.
The integration of ASEAN ought to be more thoroughly explained to the people of Southeast Asia in order to speed up the creation of a single-market with the potential to be as large as the Trans-Pacific Partnership (TPP), said an economist at the 33th anniversary of The Jakarta Post.
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