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View all search resultsWe should use this inadvertent grace period due to the US Supreme Court's ruling to review the ART scrupulously to see what we're actually gaining or losing, and make doubly sure that we haven't traded our sovereignty through an alliance pact disguised as a trade deal.
In some regions, budget allocations for aid to particular sectors are deliberately kept under the Rp 200 million (US$12,257) threshold to allow for direct procurement instead of competitive tenders.
Indonesian companies will benefit from the RCEP through lower tariff rates for their exports, better access to cheaper or better-quality imports for making their products and a more open and more transparent business environment for trade in goods, services, investment, and movement of people.
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