Improving Free Trade Agreement (FTA): A Study on the European Union (EU) Indonesia Comprehensive Economic Partnership Agreement (CEPA), 2012 - 2016

Author(s):  
Hendra Manurung
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.


2015 ◽  
Vol 5 (2) ◽  
pp. 19-36
Author(s):  
Anis Kacem

Tunisia has signed a free trade agreement with the European Union in 1996, which provides for the reduction of tariff barriers between Tunisia and the EU. In this article, we aim to know and test whether the similarity of the institutional framework has to stimulate international trade between Tunisia and the European Union. In this context, we built a variable called “Institutional distance” to valid the institutional dimension of international trade, near borders effects reported in the literature. To this end, a gravity model was used initially (Tunisia and 21 European countries). Secondly, the estimate shows the existence of spatial autocorrelation. The latter has been corrected using spatial econometrics. The results show that the geographical distance remains more important than the institutions in this type of agreement between north and south shores of the Mediterranean.


IG ◽  
2021 ◽  
Vol 44 (4) ◽  
pp. 301-317
Author(s):  
Mariano Barbato

The talks that have been resumed for reaching a free trade agreement between the European Union and India have a good chance for success. Both partners, especially India, have to achieve new economic dynamics in order to be able to face the challenge posed by China. This decisive reason is supported by Brexit, the pandemic and the climate crisis, which also spark an exogenous, geostrategic dynamic that gives new impetus to the paralyzed liberal paradigm of free trade. Taken together, it is likely that exogenous geostrategic factors realign the endogenous economic factors and thus promote a positive outcome despite the ongoing weakness of liberal free trade ideas.


2018 ◽  
Vol 77 (1) ◽  
pp. 29-32
Author(s):  
Rumiana Yotova

ON 16 May 2017, the Court of Justice of the European Union (CJEU) delivered its Opinion 2/15 concerning the competence of the EU to conclude the Free Trade Agreement with Singapore (EUSFTA) (ECLI:EU:C:2017:376). The Opinion was requested by the Commission which argued, with the support of the European Parliament (EP), that the EU had exclusive competence to conclude the EUSFTA. The Council and 25 of the Member States countered that the EUSFTA should be concluded as a mixed agreement – that is, by the EU and each of its members – because some of its provisions fell under the shared competence of the organisation or the competence of the Member States alone.


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