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IA-CEPA contains clauses on bilateral free trade, investments, skills training visas, investor arbitration, e-commerce, and intellectual property protection. [1] Indonesia, under the agreement, will remove tariffs from nearly all Australian products exported to Indonesia while all Indonesian products exported to Australia will be free of tariffs. [2]
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
Capital Market and Financial Institutions Supervisory Agency (Indonesian: Badan Pengawas Pasar Modal dan Lembaga Keuangan) (shortly BAPEPAM-LK) is an institution under the Ministry of Finance (Indonesia) tasked with fostering, regulating, and supervising day-to-day capital market activities as well as formulating and implementing policies and technical standardization in the field of financial ...
The Directorate General of Customs and Excise (Indonesian: Direktorat Jenderal Bea dan Cukai abbreviated Bea Cukai or DJBC) is an Indonesian government agency under Ministry of Finance that serves the community in the field of customs and excise. The Directorate General of Customs and Excise has the duty to organize the formulation and ...
The Ministry of Investment and Downstream Industry/Indonesia Investment Coordinating Board (Indonesian: Kementerian Investasi dan Hilirisasi/Badan Koordinasi Penanaman Modal) is a government ministry formed by the Indonesian government in 2021. The ministry is responsible for investment affairs and facilitating easiness of investment in Indonesia.
The Ministry of Trade (Indonesian: Kementerian Perdagangan) is a ministry of the Government of Indonesia that directs the formulation of policies related to the development of trade in Indonesia. [ 1 ]
The economy of Indonesia is a mixed economy with dirigiste characteristics, [31] [32] and it is one of the emerging market economies in the world and the largest in Southeast Asia.
The Indonesia–Japan Economic Partnership Agreement is a bilateral agreement signed between Indonesia and Japan on 20 August 2007 and having been in force since 1 July 2008. Initiated by Japanese Prime Minister Junichiro Koizumi, it was Indonesia's first bilateral free trade agreement. Since 2013, Indonesia has requested a review of the terms ...