scholarly journals The India-Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

Author(s):  
Saman Kelegama
2021 ◽  
Vol 5 (2) ◽  
pp. 179-198
Author(s):  
Yafet Yosafet W. Rissy

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.


2019 ◽  
Author(s):  
Salim Rashid ◽  
Irwan Shah Zainal Abidin

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.


1999 ◽  
Vol 6 (2) ◽  
pp. 283-296 ◽  
Author(s):  
J.B. Kelegama

2018 ◽  
Vol 12 (2) ◽  
pp. 181-204
Author(s):  
Endah Ayu Ningsih ◽  
Telisa Aulia Falianty ◽  
Fitri Tri Budiarti

AbstrakPenelitian ini mengevaluasi tingkat pemanfaatan Indonesia-Japan Economic Partnership Agreement (IJEPA) dan Indonesia-Pakistan Preferential Trade Agreement (IPPTA) dalam ekspor dan impor Indonesia ke Jepang dan Pakistan. Tingkat pemanfaatan FTA untuk ekspor menggunakan rasio nilai perdagangan yang termuat dalam Surat Keterangan Asal (SKA) terhadap nilai ekspor ke negara mitra. Sedangkan tingkat pemanfaatan impor menggunakan rasio nilai impor produk yang memenuhi syarat terhadap total impor Indonesia dari negara mitra. Studi ini menemukan bahwa pemanfaatan IJEPA (2012-2016) cenderung menurun. Pada tahun 2016 tingkat pemanfaatan ekspor sebesar 47,2%. Sementara pemanfaatan IPPTA untuk ekspor ke Pakistan mengalami peningkatan yang signifikan sejak diimplementasi tahun 2013 dengan tingkat pemanfaatan ekspor sebesar 72,0% pada tahun 2016. Di sisi impor pemanfaatan IJEPA mencapai 67,7% sementara IPPTA hanya 18,8% (2016). Pemanfaatan impor IJEPA dan IPPTA relatif stagnan, jumlah perusahaan yang menggunakan SKA IJEPA sudah pada level jenuh, sementara pengguna SKA IPPTA masih tumbuh 18,2% per tahun. Bentuk PTA lebih memberikan dampak positif bagi peningkatan ekspor Indonesia ke negara mitra dibandingkan FTA yang komprehensif. Kebijakan melakukan FTA dalam bentuk Economic Partnership perlu disertai dengan kerja sama yang menjamin peningkatan perdagangan yang seimbang antar negara anggota. AbstractThis study aims to address the utilization level of The Indonesia-Japan Economic Partnership Agreement (IJEPA) and Indonesia-Pakistan Preferential Trade Agreement (IPPTA). The level of FTA utilization for exports was measured by the ratio of trade value recorded in the Certificate of Origin (CoO) to Indonesia’s export value to the related country. While the level of utilization of imports was defined by the ratio of the import value of eligible products to Indonesia's total imports from the related country. The study found IJEPA’s utilization during 2012-2016 tended to decrease. In 2016, the level of utilization was about 47.2%. While IPPTA utilization for exports to Pakistan experienced a significant increase since it was implemented in 2013 with a rate of export utilization was 72.0% in 2016. On the import side, the level of utilization under IJEPA reached 67.7% while IPPTA was only 18.8% at the same period. In terms of the imports utilization level of both IJEPA and IPPTA, it was relatively stagnant, while the number of companies utilize IJEPA’s CoO was saturated. In contrast, IPPTA’s CoO users still grew at 18.2% per year. This study concluded PTA provides more positive impact on increasing Indonesia's exports to related countries than comprehensive FTAs. Thus, establishing an FTA in the form of an Economic Partnership needs to be followed with the cooperation that guarantees trade balance within the parties.


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