Perjuangan Timor Leste untuk Masuk negara ke-11 ASEAN - ROSI

Summary

The President discusses Timor-Leste's desire to join ASEAN, emphasizing its geographical and historical ties to Southeast Asia. He outlines the economic benefits, such as integration into a large economic grouping and attracting foreign investments. Despite some ASEAN members' apprehensions, the President is confident in Timor-Leste's preparations and highlights the potential for bilateral relations if ASEAN membership is delayed, also mentioning the trade-offs of regional integration.

Takeaways

• 🌏 **Regional Integration**: Timor-Leste's desire to join ASEAN stems from its geographical location and historical ties within Southeast Asia.
• 🏢 **Economic Benefits**: Membership in ASEAN would integrate Timor-Leste into a significant economic bloc with a GDP of over four trillion dollars.
• 💼 **Investment Opportunities**: Timor-Leste is strategically positioned to attract foreign investments across various sectors, including pharmaceuticals and fashion.
• 🌱 **Industrial Development**: Discussions with President Jokowi have highlighted plans for an industrial park to boost export industries to Australia and Europe.
• 🔄 **Economic Integration**: ASEAN membership implies comprehensive economic integration, which Timor-Leste believes will be beneficial.
• 🚫 **Apprehensions Addressed**: The President acknowledges the legitimate demands from ASEAN countries but notes the lengthy process Timor-Leste is undergoing compared to other members.
• 🌟 **Alternatives to Membership**: The President suggests that even if ASEAN membership does not materialize, there are other avenues like strengthening bilateral relations.
• 💡 **Policy Flexibility**: Not being part of a regional organization could provide Timor-Leste with more freedom in decision-making regarding currency and fiscal policies.
• 🏦 **Currency Risks**: The President points out the risks associated with a single currency, as seen in the European Union, which ASEAN does not have.
• 🌱 **Continued Development**: Regardless of ASEAN membership, Timor-Leste is committed to developing its country and upgrading human resources.

Q & A

Why is it important for Timor-Leste to join ASEAN?

It is important because Timor-Leste is part of Southeast Asia and every other country in the region has joined ASEAN. Being part of ASEAN means economic, diplomatic integration, and ensures no country in the region is left behind.

What are the economic benefits Timor-Leste expects from joining ASEAN?

Joining ASEAN would allow Timor-Leste to be part of an economic grouping with a GDP of over four trillion dollars and access to a large market with significant purchasing power, which could attract foreign investments in various industries.

How does Timor-Leste's geographical position play a role in its potential ASEAN membership?

Timor-Leste's geographical position makes it well-positioned to be the next attraction for foreign investments, especially for industries looking to establish bases for exports to Australia and Europe.

What specific industries could benefit from Timor-Leste's ASEAN membership?

Industries such as pharmaceuticals, medical equipment, fashion, food processing, and export-oriented industries could benefit from Timor-Leste's strategic location and ASEAN membership.

What has Timor-Leste done to prepare for joining ASEAN in terms of policies and economy?

Timor-Leste has been developing its country and upgrading its human resources. It has also been engaging in discussions with leaders like President Joko Widodo about establishing industrial parks for export industries.

What is the target year for Timor-Leste to join ASEAN according to the transcript?

The target year mentioned for joining ASEAN is the next year, implying it was discussed as a goal for the near future.

What are the challenges Timor-Leste faces in its bid to join ASEAN?

Some ASEAN members are apprehensive about Timor-Leste's intentions, and the country has faced a lengthy process with demands that other countries did not have to meet during their accession.

How does the President of Timor-Leste view the possibility of not joining ASEAN in the target year?

The President seems to be pragmatic about the possibility, suggesting that there are other options and relationships to focus on, such as bilateral relations with countries like Indonesia, the United States, the European Union, South Korea, Japan, and China.

What are the potential advantages of not being part of a regional organization like ASEAN?

Not being part of ASEAN could allow Timor-Leste more freedom in decision-making regarding currency and fiscal policies. It could also avoid some of the economic risks associated with being part of a single currency or highly integrated economic bloc.

What does the President imply about the process of joining ASEAN compared to joining the European Union?

The President implies that the process for Timor-Leste to join ASEAN is similar to the rigorous process that some Eastern European or Central European countries faced when trying to join the European Union.

What is the President's perspective on the potential drawbacks of joining a single currency system?

The President suggests that being part of a single currency can lead to economic imbalances, where countries with weaker economies suffer due to a high-valued currency, as seen in some poorer European countries.

Outlines

00:00

🌏 Importance of Timor-Leste Joining ASEAN

The speaker addresses the importance of Timor-Leste joining ASEAN, emphasizing the country's geographical and historical ties to Southeast Asia. They argue that as part of the region, it is only natural for Timor-Leste to join ASEAN, especially considering its previous status as a province of Indonesia, an ASEAN member. The economic benefits of joining ASEAN are highlighted, such as becoming part of a large economic grouping with a GDP of over four trillion dollars. The speaker also mentions the potential for foreign investments in various industries due to Timor-Leste's strategic location. They discuss plans for economic integration, including the establishment of industrial parks for exports to Australia and Europe. The speaker acknowledges the challenges and demands from ASEAN countries but remains optimistic about the benefits of joining.

05:02

💼 Economic and Political Considerations Beyond ASEAN Membership

In this paragraph, the speaker discusses the potential implications of not joining ASEAN in the near future. They express confidence in Timor-Leste's ability to maintain strong bilateral relations with key countries such as Indonesia, the United States, South Korea, Japan, and China, even if ASEAN membership is delayed. The speaker suggests that there could be advantages to not being part of a regional organization, such as having more freedom in decision-making regarding currency and fiscal policies. They draw a comparison with the European Union, where some countries have faced economic challenges due to a single currency policy. The speaker concludes by stating that while there are benefits to joining ASEAN, there are also risks, and that Timor-Leste should consider all options for opening markets and economic growth.

Keywords

💡Timor-Leste

Timor-Leste, also known as East Timor, is a Southeast Asian nation. It is the main subject of the video script as the speaker discusses its importance and desire to join ASEAN. The country's geographical location and historical ties to Indonesia, which is an ASEAN member, are highlighted as reasons for its inclusion.

💡ASEAN

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization comprising 10 countries in Southeast Asia. In the script, ASEAN is discussed as a significant economic and political entity that Timor-Leste seeks to join for economic and diplomatic integration.

💡Economic Integration

Economic integration refers to the process of countries becoming more interconnected economically. In the context of the video, Timor-Leste joining ASEAN would mean becoming part of a larger economic grouping, which could lead to increased foreign investment and economic growth.

💡Foreign Investments

Foreign investments are investments made by an individual or entity from one country into another country. The script mentions that Timor-Leste's geographical positioning could make it an attractive destination for foreign investments from various industries, such as pharmaceuticals and fashion.

💡Middle Class

The middle class refers to a social group that falls between the working class and the upper class in terms of income and social status. The script highlights the potential of Timor-Leste to attract businesses due to the presence of a large middle class with purchasing power.

💡Industrial Park

An industrial park is an area designated for the purpose of fostering the development of industry. The script discusses the idea of creating an industrial park along the border of East and West Timor for Indonesian companies to set up for export purposes.

💡Free Trade Agreement

A free trade agreement (FTA) is a pact between two or more countries to reduce trade barriers and promote trade. The script suggests that if joining ASEAN does not happen, Timor-Leste could explore free trade agreements with other countries to open markets.

💡Currency Policy

Currency policy refers to the actions taken by a country's government or central bank to influence the value of its currency. The script implies that being part of a regional organization with a single currency, like the European Union, could limit a country's ability to use currency devaluation as an economic tool.

💡Fiscal Policies

Fiscal policies are government decisions on spending and taxation to monitor and influence the economy. The script suggests that not being part of a highly integrated economic region could give Timor-Leste more freedom to make independent fiscal decisions.

💡European Union

The European Union (EU) is a political and economic union of 27 European countries. The script uses the EU as an example of a regional organization where countries might face economic challenges due to a single currency policy, which could be a point of comparison for Timor-Leste's consideration of joining ASEAN.

💡Sovereignty

Sovereignty is the full right and power of a governing body to govern itself without any interference from outside sources. The script touches on the idea that joining a regional organization might limit a country's sovereignty in terms of economic decisions.

Highlights

Timor-Leste's importance in joining ASEAN is due to its geographical location in Southeast Asia.

All other Southeast Asian countries are part of ASEAN, making Timor-Leste's inclusion logical.

Timor-Leste was once part of ASEAN as the 27th province of Indonesia.

ASEAN membership is crucial for economic and diplomatic integration in the region.

Membership in ASEAN would grant Timor-Leste access to a $700 billion economic grouping.

Timor-Leste is well-positioned to attract foreign investments in various industries.

The country aims to be a hub for pharmaceutical, medical, and fashion industries from Europe.

President Jokoyo discussed the potential for an industrial park along the border for Indonesian companies.

ASEAN membership implies full economic integration and potential benefits for Timor-Leste.

The target for Timor-Leste to join ASEAN is next year, despite some challenges.

Some ASEAN members are apprehensive about Timor-Leste's intentions to join.

Timor-Leste has faced a long and demanding process to join ASEAN, unlike other countries.

The president acknowledges the possibility of not joining ASEAN and the need to look at other options.

Timor-Leste values strong bilateral relations with countries like Indonesia, the US, EU, South Korea, and Japan.

Not being part of a regional organization could provide more freedom in decision-making on currency and fiscal policies.

There are risks in joining a single currency union, as seen in the European Union.

ASEAN is not a single currency union, which reduces some of the risks associated with economic integration.

Transcripts

good evening mr president i actually

have two questions for you the first one

is why is it important for timor-leste

to join asean

and then the second some of the asean

members are still apprehensive of timor

lester's intention of joining the entity

so

um so far how is the preposit

preparation of joining the asean in term

of policies and economy thank you

the reason why is simple we are part of

southeast asia

every other country in southeast asia

has joined uh asean

so why not immoralist of course

at one point we were already part of

asean when we were the 27th province of

indonesia and indonesia been a member of

asean so automatically timor-leste is

part of us young you don't leave one

province out so

and but of course at that time we

benefited from

all indonesia's qualification

so that is the

the main reason being part of the region

our economic

diplomatic integration and it matters

also to asean not to leave any country

in southeast asia behind outside

there are benefits for timor leste to

join asean will be part of

an economic grouping of 700 billion

people

more than four trillion dollar economy

and geographically timor-leste is very

well positioned to be

the next attraction for foreign

investments in every field

for

pharmaceutical industries

medical industry equipment

to fashion industry from europe that

marijuana set up base here because of

the

millions the tens of millions of

middle-class upper-class

people

with purchasing power

food processing

camp companies

with president jokoyo we talked about to

an industrial park

along the border east and west timur

to

for indonesian companies to set up there

for export

export industry to

australia to europe

so being part of asean

means a full economic integration

and we can only benefit uh from that

yeah i hope that answered the question

uh well uh you

let me add the question

you have the intention that the target

to join the action is next year what if

it doesn't happen

uh

what if it doesn't happen because i know

that i heard somewhere

you said like

becoming a asian member is uh

i mean we need to reach heaven first

yeah yeah

asian so it's easier to get the the the

heaven yes

some demands from

asean countries

are totally legitimate i don't question

the

demands

but

it has taken so long and we have done so

much

in uh developing our country uh

upgrading our human resources which we

do anyway we join our seattle on china

and we do

anyway

it taken so long

when other countries that had joined

before

didn't have to go through this process

and uh

but timor-leste is only one that has to

go through this process almost like

some eastern european country a central

european country

when they tried to join the european

union yeah the demands on them were you

know i know i mean um

has tried so

you know

hard to join the asian member i mean i

said what if it doesn't happen uh well

uh

there is uh there is life

there is a third heaven be after africa

so

so heaven

asian and

well

there are other

options you know obviously

strong bilateral relations with

countries with which we have already

relationship like indonesia

and the

united states

european union we have a fabulous

relationship with european union with

many european countries

and obviously and then south korea we

have fantastic relations with south

korea with japan and then there is

always china

okay and

so

it's not uh i don't lose

any sleep over

the issue of joining asean

in 23 or not it's

they might have a good reason to

postpone and that's fine we

but we cannot wait forever we have to

look at

how to open markets

maybe free trade agreement with everyone

and

sometimes there might be even advantage

of not being to belong to

a regional organization okay mr

president you are freer to make

decisions on currency

on

fiscal policies

if you have a

much much closer integrated economy

sometimes you are not free

and the complaints in european union has

to do with that with a single currency

in that some countries

suffer because of high value of the euro

when they have a serious economic crisis

because you're part of a single currency

you cannot use the whole tactic of

devaluing your currency to increase your

export

so

poorer european countries like portugal

greece

they suffer because of that

to the advantage of other countries like

germany

so

there are

is not only a benefit but there are

risks in

but of course asean is not a single

currency country i don't think anyone in

us are talking about having a single

currency