scholarly journals TANTANGAN DAN STRATEGI PELAKSANAAN INDONESIA-AUSTRALIA COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (IA-CEPA)

2021 ◽  
Vol 5 (2) ◽  
pp. 179-198
Author(s):  
Yafet Yosafet W. Rissy
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Skilled Workers ◽  
Model Free ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement

Indonesia-Australia Comprehensive Economic Partnership Agreement (IA CEPA) telah berlaku efektif 5 July 2020. Artikel ini menyorot tujuan dan substansi IA-CEPA, mengulas tantangan keberadaan model free trade agreement in casu IA-CEPA dan memberikan tawaran strategi bagi Indonesia dalam pelaksanaan IA-CEPA. Secara umum, tujuan IA-CEPA adalah untuk mendorong peningkatan hubungan dagang, investasi, kerja sama ekonomi, kelancaran arus masuk dan keluar barang, jasa dan orang, termasuk penurun tarif hingga ke 0% dan penghapusan hambatan non-tarif lainnya. Tetapi dari pihak Indonesia, terdapat sejumlah tantangan fundamental yang perlu diselesaikan agar dapat menerima manfaat maksimal. Salah satu tantangan besar yang dihadapi Indonesia saat ini ialah besarnya defisit neraca perdagangan Indonesia terhadap Australia. Untuk mengatasi isu ini, sejumlah strategi perlu dipertimbangkan antara lain implementasi konsep economic powerhouse, peningkatan skilled workers dan menghadirkan pendidikan vocational berkualitas tinggi.

scholarly journals EU-Canada Strategic Partnership: Ups and downs

2021 ◽  
Vol 11 (3) ◽  
Author(s):  
Amy Verdun
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Strategic Partnership ◽  
Its Analysis ◽  
Bilateral Agreement ◽  
Time Periods ◽  
Partnership Agreement ◽  
Over Time ◽  
The Eu

Signed in 1976, the EU-Canada relationship was the first bilateral agreement that the EU signed with an industrialised third country. Modest strengthening of the ties was achieved with the 2004 EU-Canada Partnership Agenda. A fully-fledged free trade agreement was in the works at this time, but suspended in 2006. The EU-Canada strategic partnership agreement (SPA) and the Comprehensive Economic Trade Agreement (CETA) did not materialise until more than a decade later, in 2016. This paper focuses in particular on the strategic partnership dimension. It explores why an SPA was possible in 2016, but not before. To answer this question, the paper looks at four time periods. In so doing it explores the origins of the EU-Canada agreement, how the EU-Canada relationship changed over time, and examines how a more profound strategic partnership came about when it did. In its analysis it considers institutional, domestic and geopolitical factors. It briefly speculates about the possible future of this partnership.

Brexit’s Impact on Japan’s Trade with Europe

2021 ◽  
pp. 002088172110023
Author(s):  
Noriko Suzuki
Keyword(s):  
Free Trade ◽  
Automobile Industry ◽  
Trade Agreement ◽  
Economic Interests ◽  
Economic Relations ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
The Uk ◽  
The Impact ◽  
The Eu

In the context of globalization, the Japanese government emphasizes the importance of reinforcing the free trade system. Due to European Union’s (EU) reluctance, the free trade agreement (FTA) negotiations between Japan and the EU took 4 years to conclude. However, Brexit prompted the conclusion of Economic Partnership Agreement (EPA) with the EU as to maintain the economic interests of both sides after the British exit from the EU. The UK wants to maintain economic relations with Japan and to become a ‘Global Britain’ in the post-Brexit era. This article analyses both Japan–EU and Japan–UK FTAs. The core of the article looks at the impact of Brexit on Japan’s access to the European single market through a review of Japanese sectors and large corporations, particularly the automobile industry.

EU-Japan trade deal gives free trade a timely boost

2017 ◽  
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Framework Agreement ◽  
Content Type ◽  
Trade Area ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
High Standards ◽  
The Eu

Subject The EU-Japan economic partnership agreement Significance The EU and Japan, which together account for 30% of global GDP, have reached a framework agreement on an economic partnership agreement (EPA), paving the way for the creation of the world's largest free trade area. The EPA involves high standards of trade liberalisation, comparable to the Trans-Pacific Partnership. Impacts Japan will expand its traditional exports (autos and electronics), but also new 'star' products such as sake and green tea. The EU will benefit most from opportunities to export more agricultural goods, processed food and beverages. European auto and electronics makers and Japanese producers of food and agricultural products will face greater competitive pressure. The EPA will boost household consumption in both economies. EU-Japan cooperation on standard-setting may create challenges for developing countries in particular.

From TPPA to CPTPP: potential impact on Malaysia's finance, banking and trade

2019 ◽  
Author(s):  
Salim Rashid ◽  
Irwan Shah Zainal Abidin
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Dispute Settlement ◽  
Trade Agreement ◽  
The United States ◽  
Balance Of Payments ◽  
Potential Impact ◽  
Economic Partnership ◽  
Partnership Agreement

The Trans-Pacific Partnership Agreement (TPPA) is an economic partnership pact negotiated by 12 countries in three continents, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States and Vietnam. The TPPA has evolved into the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), when the United States pulled out from the multilateral free trade deal in 2018. Malaysia began negotiations on the TPPA in August 2010, and participated as a full negotiating member from October 2010 onwards.The TPPA itself was based on the United States-Korea Free Trade Agreement (KORUS), which was completed in 2011. This agreement provided a benchmark to decide and evaluate on several issues in the CPTPP. The overall intent of the CPTPP is a simple one: it is to extend non-discriminatory practices to all CPTPP members. This does not mean that regulations and restrictions will not exist that such regulations will apply equally to Malaysian and non-Malaysian CPTPP members. Contentious issues in the CPTPP will be analyse and discuss in this book. Is the Malaysian economy ready for the CPTPP rules especially in the financial and capital markets? To what extent that Bank Negaras ability to retain their power to intervene when either the balance of payments or the currency is felt to be under threat with CPTPP? What are the impacts of CPTPP to the real economic side of the Malaysian economy? Will national rights are being relinquished under CPTPP? How about the concern over investor-state dispute settlement (ISDS)? This book will address these issues in an objective and rational manner.

scholarly journals IMPROVING FREE TRADE AGREEMENT (FTA) BETWEEN INDONESIA-EUROPEAN UNION (EU) THROUGH COMPREHENSIVE ECONOMIC PARTNERSHIP (CEPA)

2018 ◽  
Vol 2 (1) ◽  
pp. 23 ◽  
Author(s):  
Hendra Manurung
Keyword(s):  
European Union ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Barriers ◽  
Economic Relations ◽  
Investment Promotion ◽  
Economic Partnership ◽  
The Impact ◽  
The Eu

This study aims to elaborate potential effects of a Comprehensive Economic Partnership Agreement (CEPA) on the trading of goods and services between the European Union (EU) and Indonesia addressing issues considered to be impeding the conclusion of CEPA negotiations. Suppose the agreement between the EU and Indonesia improve economic relations while creating benefits for both. Indonesia and the EU began negotiation on the CEPA preparation in 2012. The CEPA has been presented as having the ability to help both parties take full advantage of unexploited economic relations. The CEPA is expected to be a comprehensive agreement discussing various aspects of economic relations and moved beyond being a simple agreement for removing trade barriers. The liberalization of international trade in goods remains to be an important aspect of the CEPA, investment promotion and facilitation, the improvement of trade in services, and the creation of improved competition policy practices would promote greater economic relations. Indonesia expects three major contributions from the CEPA, i.e.: First, the most obvious one relates to promotion of increased trade between Indonesia and the EU. The agreement’s focus on trade liberalization will increase the intensity of trade relations by lowering trade barriers, and by facilitating trade; Second, expected contribution concerns the impact of liberalization on trade and investments in services; Third, enhanced technological advance and skills transfer in the goods, services and investment. A free trade agreement between the EU and Indonesia provides a more stable, balanced, and long-term framework to enhance trade and investment.   Keywords: the EU, Indonesia, CEPA, liberalization, free trade     Abstrak     Penelitian ini bertujuan untuk menjelaskan potensi efek dari Perjanjian Kemitraan Ekonomi Komprehensif (CEPA) mengenai perdagangan barang dan jasa antara Uni Eropa dan Indonesia, dan dalam penanganan isu-isu utama yang dianggap dapat menghambat perundingan CEPA. Seharusnya kesepakatan antara Uni Eropa dan Indonesia akan memperbaiki dinamika hubungan ekonomi yang ada, sekaligus menciptakan berbagai manfaat bagi keduanya. Indonesia dan Uni Eropa mulai melakukan negosiasi persiapan CEPA di tahun 2012. CEPA digambarkan memampukan kedua belah pihak memanfaatkan sepenuhnya hubungan ekonomi yang tidak saling mengeksploitasi hubungan ekonomi antara Uni Eropa dan Indonesia. CEPA diharapkan menjadi kesepakatan komprehensif dalam membahas berbagai aspek hubungan ekonomi tersebut, dan karenanya telah melampaui kesepakatan sederhana untuk penghapusan hambatan perdagangan. Sementara liberalisasi perdagangan internasional barang tetap sebagai aspek penting CEPA, promosi investasi dan fasilitasi, peningkatan perdagangan jasa, dan penciptaan praktik kebijakan persaingan yang lebih baik dalam promosi hubungan ekonomi yang lebih luas. Indonesia berharap adanya tiga kontribusi utama dari CEPA, yaitu: Pertama, yang paling nyata berkaitan dengan promosi peningkatan perdagangan antara Indonesia dan Uni Eropa. Fokus kesepakatan pada liberalisasi perdagangan dapat meningkatkan intensitas hubungan perdagangan dengan menurunkan berbagai hambatan dagang, dan dengan memfasilitasi perdagangan; Kedua, kontribusi CEPA diharapkan berdampak pada liberalisasi perdagangan dan investasi jasa; Ketiga, peningkatan kemajuan teknologi dan keterampilan di sektor barang, jasa dan investasi. Adanya perjanjian perdagangan bebas (FTA) antara Uni Eropa dan Indonesia akan memberikan kerangka kerjasama yang lebih stabil, seimbang, dan berjangka panjang dalam peningkatan hubungan perdagangan dan investasi antar kawasan.   Kata kunci: Uni Eropa, Indonesia, Perjanjian Kemitraan Ekonomi Komprehensif (CEPA), liberalisasi, pasar bebas

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