DPR RI Setujui 2 Perjanjian Dagang Internasional Jadi UU

Summary

The Indonesian government and the DPR have approved two major international trade agreements, now laws: the Regional Comprehensive Economic Partnership (RCEP) and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA). These agreements are expected to significantly boost Indonesia's economy by increasing GDP by 0.07% (38.3 trillion rupiah) and foreign direct investment by 0.23% (24.5 trillion rupiah). They aim to improve trade rules, market access, and strengthen the investment climate, while also supporting the growth of export-oriented SMEs, opening up opportunities in global markets.

Takeaways

• 😀 The Indonesian government and DPR have approved two international trade agreements, which are now considered law.
• 😀 These agreements are expected to bring in trillions of rupiah in benefits to the country's economy.
• 😀 The agreements were approved during a plenary meeting in the DPR on Tuesday.
• 😀 The two agreements are the Regional Comprehensive Economic Partnership (RCEP) and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA).
• 😀 Trade Minister Zulkifli Hasan emphasized that these agreements will provide significant benefits for Indonesia's international trade.
• 😀 The RCEP agreement is expected to help Indonesia increase its Gross Domestic Product (GDP) by 0.07%, which is approximately 38.3 trillion rupiah.
• 😀 Additionally, these trade agreements are projected to increase foreign direct investment (FDI) by 0.23%, roughly equivalent to 24.5 trillion rupiah.
• 😀 The trade agreements will ensure more consistent and predictable trade regulations, making it easier for Indonesia to access global markets.
• 😀 These agreements are seen as a 'tollway' for Indonesia to enter larger international markets, boosting the export of goods and services.
• 😀 The agreements will also empower and encourage growth in Indonesian Small and Medium Enterprises (SMEs) that focus on exports.

Q & A

What are the two international trade agreements mentioned in the script?

The two international trade agreements mentioned are the Regional Comprehensive Economic Partnership (RCEP) and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA).

What is the significance of these agreements for Indonesia's economy?

These agreements are expected to bring trillions of rupiah in benefits to Indonesia's economy, potentially boosting Indonesia's GDP, increasing international trade, and attracting investment.

How does the RCEP agreement impact Indonesia's global market access?

The RCEP agreement provides Indonesia with a 'tollway' or easier access to the global market, which helps local products enter international markets more effectively.

What are the expected economic benefits of these trade agreements for Indonesia?

The agreements are expected to increase Indonesia's GDP by 0.07%, or approximately 38.3 trillion rupiah, and improve foreign direct investment (FDI) by 0.23%, or around 24.5 trillion rupiah.

How will these agreements affect Indonesia's export opportunities?

The agreements are expected to enhance export opportunities by improving market access for Indonesian goods and services, thereby supporting the country's export-driven economy.

What role do these agreements play in the growth of small and medium-sized enterprises (SMEs) in Indonesia?

The agreements will support the growth and empowerment of export-oriented SMEs by providing better access to international markets and a more favorable trade environment.

What did Minister of Trade Zulkifli Hasan say about the potential of these agreements?

Minister Zulkifli Hasan emphasized that these agreements will provide significant benefits by multiplying Indonesia's trade opportunities and supporting economic growth.

When were these agreements officially ratified by the Indonesian government?

The agreements were officially ratified during a plenary meeting of the Indonesian House of Representatives (DPR) on a Tuesday.

How will the agreements contribute to Indonesia's foreign direct investment (FDI)?

The agreements are expected to increase FDI in Indonesia by approximately 0.23%, which is estimated to bring in around 24.5 trillion rupiah, contributing to further economic growth.

What is the expected impact of these agreements on the financial security of the country?

The agreements are expected to improve Indonesia's financial security by increasing exports, boosting the GDP, and attracting substantial foreign investments, which will strengthen the national economy.