APEC Brings Trade Liberalization to Indonesia?

ANT, Fitri Novia Heriani, Andin Aditya Rahman

The current Asia Pacific Economic Cooperation (APEC) CEO Summit in Bali is not being warmly welcomed by all Indonesians with wide open arms.

Other than its high cost, the APEC CEO Summit is perceived to likely further progress trade liberalization in conflict with certain aspects of the national populist economic system mandated by the 1945 Indonesian Constitution.

Dani Setiawan, Director of the Anti-Debt Coalition, condemned the trade liberalization agreements produced through APEC.

“This APEC CEO summit is a threat to the populist economic system,” stated Dani to Hukumonline during an interview last Friday.

According to Dani, the APEC CEO summit will essentially create political commitment to extend the liberalization agenda as well as facilitate trade and investment in Indonesia.

These commitments will pressure the Indonesian Government to open Indonesia’s markets to international trade, which will establish Indonesia as a market for the import of products of other APEC state members.

Furthermore, he criticized the People’s Consultative Assembly (MPR) for disregarding the obvious signs of trade liberalization in Indonesia.

As the government institution that should defend the four state pillars, the MPR should prevent the Government from signing international agreements covering trade and investment that will undermine the populist economic system.

In contrast, Hatta Rajasa, the Coordinating Minister of Economics, denied these allegations, by stating that fair and sustainable development will also be discussed at the summit.

“Don’t think of this as purely trade liberalization,” he asserted.

(hot/kc)

ANT, Fitri Novia Heriani, Andin Aditya Rahman

The current Asia Pacific Economic Cooperation (APEC) CEO Summit in Bali is not being warmly welcomed by all Indonesians with wide open arms.

Other than its high cost, the APEC CEO Summit is perceived to likely further progress trade liberalization in conflict with certain aspects of the national populist economic system mandated by the 1945 Indonesian Constitution.

Dani Setiawan, Director of the Anti-Debt Coalition, condemned the trade liberalization agreements produced through APEC.

“This APEC CEO summit is a threat to the populist economic system,” stated Dani to Hukumonline during an interview last Friday.

According to Dani, the APEC CEO summit will essentially create political commitment to extend the liberalization agenda as well as facilitate trade and investment in Indonesia.

These commitments will pressure the Indonesian Government to open Indonesia’s markets to international trade, which will establish Indonesia as a market for the import of products of other APEC state members.

Furthermore, he criticized the People’s Consultative Assembly (MPR) for disregarding the obvious signs of trade liberalization in Indonesia.

As the government institution that should defend the four state pillars, the MPR should prevent the Government from signing international agreements covering trade and investment that will undermine the populist economic system.

In contrast, Hatta Rajasa, the Coordinating Minister of Economics, denied these allegations, by stating that fair and sustainable development will also be discussed at the summit.

“Don’t think of this as purely trade liberalization,” he asserted.

(hot/kc)

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