Indonesia Wants Japan to Conclude Revised IJEPA Talks

Jakarta. Indonesia is eyeing closer economic ties with Japan, as it called for the latter to conclude the negotiations on the revised bilateral trade deal IJEPA.
Foreign Affairs Minister Retno Marsudi on Monday attended the 8th Indonesia-Japan Ministerial Level Strategic Dialogue in Tokyo. At the forum, Retno brought up the amended Indonesia-Japan Economic Partnership Agreement (IJEPA).
"Both countries need to immediately settle the protocol amendments to the IJEPA. This is to address the trade hurdles, and expand the access for the leading products of the two countries," Retno said in a virtual press briefing on Monday night.
Indonesia, which is the world’s largest tuna producer, has been seeking the revised IJEPA to expand the market access of its fisheries products. “I stress the importance of Japan’s flexibility, particularly on the elimination of tariffs for Indonesian canned tunas,” Retno said.
According to the senior diplomat, Japan should also be flexible in the talks related to the development of skilled workers in the tourism and industry sectors. As well as the relaxation of product-specific provisions for coffee and sorbitol or sugar substitutes.
“I encourage the expansion of Indonesia’s tropical fruit export commodities,” Retno told reporters.
Government data showed that Indonesia-Japan’s trade topped pre-pandemic levels in 2022, reaching $42 billion. Two-way trade totaled around $31.7 billion in 2019.
Japan is Indonesia's third-largest trading partner.
The IJEPA has been in force since July 2008. In 2019, the two countries concluded a general review of the trade deal. The protocol amendments are a follow-up to the general review.
Indonesian state officials in the past had always raised the issue of the pending IJEPA protocol amendments during bilateral meetups with Japan. President Joko “Jokowi” Widodo also talked of IJEPA when meeting Japanese Prime Minister Fumio Kishida in Bali last November.
“Our economic partnership is already doing quite well. But it could be even better if we can conclude the IJEPA [talks] soon,” Jokowi said.
According to the Fisheries Ministry, Indonesia accounts for 15 percent of the global production of tuna, skipjack, and mackerel tuna. Despite being the world’s largest tuna producer, Indonesia’s exports of fish still fall behind other countries. ITC data showed Indonesia ranked sixth in global tuna exports with a market share of 5.33 percent in 2020.
Read More:
Tags: Keywords:POPULAR READS
Jokowi Blames Influx of Rohingya Refugees in Aceh on People Smuggling Ring
Indonesia is not a party to the 1951 Refugee Convention, so it does not have the obligation to accommodate refugees.China to Build Trackless Tram in Indonesia's Future Capital
The Nusantara authority body refused tto the reveal the name of the Chinese institution who would work on the trackless tram project.Ridwan Mansyur Sworn in as New Constitutional Judge
Ridwan is one of the judges who tried Pollycarpus, the suspected murderer of renowned rights activist Munir.Gibran Says Solo is One of Indonesia’s Most Tolerant Cities
Solo is one of the 10 Indonesian cities with the highest perceived tolerance levels according to Setara Institute.Bangladeshi Citizen Arrested for Smuggling Rohingya Refugees into Aceh
He is the captain of a wooden boat that arrived on the Laweung coast in Pidie regency carrying refugees on November 14.Popular Tag
Most Popular

