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European Union – Indonesia Agreed to Solve the Sustainable Economic Target



European Union – Indonesia Agreed to Solve the Sustainable Economic Target

InfoSAWIT, JAKARTA  – The seventh European Union –Indonesia Business Dialogue (EIBD) was held in Jakarta within the theme “EU-Indonesia Comprehensive Economic Partnership: Maximizing Trade and Investment Opportunities and Supporting Economic Reforms”. The business dialog was attended by more than 200 representatives of the government and business leaders to identify and create the new opportunity to increase the trade and investent between European Union and Indonesia through Comprehensive Economic Partnership Agreement(CEPA).

EU Deputy Chief Negotiator, Filip Deraedt appreciated the event as the good collaboration result among Indonesian and European businesssmen through European Business Chamber of Commerce(EuroCham), Indonesian Chambers and Indonesian Businessmen Association or Asosiasi Pengusaha Indonesia (APINDO).

“There are lots of potential and not done in the trade partnership between Europe and Indonesia. EIBD is the strategic way to make constructive policyand recommendation in the form of dialog that make the business between both sides grow and develop together,”Filip said in the official statement to InfoSAWIT, Tuesday (28/11).

The event was done after the third round of CEPA European Union – Indonesia negotiation that was done in September in Brussels where it gave the opportunity for the business leader and the government of both sides to share latest information to the negotiators relating to latest industrial demands.

Chief of Indonesian Negotiator,Iman Pambagyo emphasized the strong partnership of business between Indonesia and Europe. He also appreciated the initiative of EuroCham, Indonesian Chambers, and APINDO to inform the CEPA negotiator about the latest experience in the trade and investment in both sides. “The negotiation with many industries in the negotiation process would ensure and confirm that CEPA is the answer of sustainable economic target from Indonesia and Europe,” he said.
 

Vice Chairman of APINDO and Vice Chairman of Indonesian Chambers, Shinta Widjaja Kamdani, also emphasized that the collaboration would make advantage and profits, not only to the Europe but also to Indonesia. “Through the partnership, it is clear that Europe and Indonesia would have the same efforts to liberalization of trade and investment. There are more lots of similarity than the difference when discussing about business,” she said.

Chairman EuroCham, Ulf Backlund said, EIBD would make communication between the public and private sectors to support the CEPA negotiation. “The business in Indonesia could get the advantage of the partnership that accelerates by getting the market access in Europe as the export goal. We realized, there are some things to improve to get the final agreement. But while waiting for the negotiation done, the business sector could start some short term – agreements that could influence the business, just what we do today,” Ulf said.

Some main recommendation developed in the forum covered some needs on the skillful and flexible workers between Europe and Indonesia, decreasing the import restriction, harmonization of import procedures, and other technical conditions.

The recommendation told in the event reflected the first round meeting in EU-Indonesia Economic Relations Study, that focused to the partnership of economy between both sides and the related potential about CEPA progress. There are threee aspects in the report that reflect characteristic of direct foreign investment in Indonesia.

The first is, the European investments generally collaborate with the local partners to support the production. The process stimulates the progress of domestic industries.

The second is European companies are open to share technology so they could be the references for the middle business to the partners; and the third is that the European Union investments have oriented to the long term and sophisticated technology. They also emphasized the quality namely in the human resources.

Iman Pambagyo explained that the CEPA negotiation still runs. “The negotiation process would consider some business sectors,” he said. Not only that, Filip Deraedth also discussed bout the variety of industrial representatives that contribute to the recommendation. “Besides the international trade and investment, the negotiator teams of Europe and Indonesia need to understand the daily needs from different business,” Filip said.(T2)


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