Export is expected to be the prime mover of Indonesia's economic recovery and transformation. However, accelerating export also comes with the risk of trade remedies investigations initiated by trading partners against Indonesian export.

European Union (EU) and Indonesia cooperation has deepened over the years. Diplomatic ties between the two parties were initiated with the establishment of cooperation between EU and ASEAN in 1980. This gave rise to the first Partnership and Cooperation Agreement (PCA) between the EU and an ASEAN Member State.

Strengthening the National Quality Assurance (NQA) and Export Quality Infrastructure (EQI) systems is one of the Government of Indonesia’s efforts to ensure the quality of Indonesian products and their access into international markets. The well-functioning of the NQA and EQI is crucial for increasing the competitiveness of Indonesia's products and enabling the country to upgrade the value-added of exports and to participate in global value chains.

Geographical Indications (GIs) became the newest addition to Intellectual Property Rights when the Member states of the newly founded World Trade Organisation (WTO), including Indonesia, signed the Trade-Related Aspects of Intellectual Property Rights (TRIPS) in 1994. Indonesia then enacted Law No. 14 of 1997 concerning Trademarks, which stipulated GI protection in Indonesia for the first time. 

Improving trade and increasing investment is one of Indonesia’s Development Pillars to achieve the 2045 Indonesia Vision. International trade is recognised as a powerful instrument to boost economic growth.

Indonesia was well on its way paving the way to achieve the 2045 Vision to become a more equitable, and prosperous nation when the Covid-19 pandemic struck in early 2020. The country's dream to become one of the top five world economies with a poverty rate nearing zero per cent by its centenary in 2045 suffered a setback as economic growth contracted by -2,07%. 

Get the latest updates on ARISE+ Indonesia

Subscribe for free!