Indonesia's economy is recovering, mainly driven by private consumption, net exports, and the manufacturing sector revival. The economic growth is expected to reach 4.7% in 2021 and 6.5% in 2022, according to a UK-based forecasting firm, Oxford Economics.
Not many of us are familiar with Geographical Indication (GI). If you have heard or consumed Gayo Arabica Coffee, Java Preanger Tea, Koerintji Cinnamon, East Luwu Pepper, Bali Amed Salt, Moloku Kie Raha Cloves, Siaw Nutmeg, and Sumbawa Honey, to name a few, then you have already come across a GI. This short list is just a handful of agricultural products among 90 other names that already protected as Indonesian GIs.
The Indonesia - European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) will support the Indonesian economic transformation and raise living standards. By improving trade access to the EU market, I-EU CEPA has a great potential to improve Indonesia's products and services diversification and competitiveness. The cooperation will also promote investment, facilitate Indonesia's participation in the Global Value Chain and help accelerate the regulatory framework reforms.
ARISE+ Indonesia welcomes the new Technical Advisory Board (TAB) Coordinators, Mr Ari Satria and Mr Marthin Kalit. Mr Ari Satria, the newly appointed Secretary to the Directorate General of International Trade Negotiations, Ministry of Trade, takes over the responsibility as TAB Coordinator for FTA/CEPA Component of ARISE+ Indonesia. Mr Ari has been with the Ministry of Trade for more than 27 years serving several distinguished positions, including as Head of Indonesian Trade Promotion Center in Busan, South Korea; Trade Attaché of Indonesia in Seoul, South Korea; Director of Export Information and Market Development; Director of National Export Development; and Head of Public Relations Bureau. Mr Ari obtained his Master of Arts degree in Economics from Boston University, USA.
With several trade negotiations underway, in particular the Indonesia EU Comprehensive Economic Partnership Agreement negotiations, mastering market intelligence and analysis tools is essential for Indonesian negotiators and analysts to support the country’s trade strategies. The Ministry of Trade, with support from ARISE+ Indonesia, organised a training on ITC Market Analysis Tools, April 6-9, 2021.
Representatives of private and public actors in the production, control and export of nutmeg participated in an online training on mycotoxins testing, April 12-14, 2021. In collaboration with the ARISE Plus Indonesia, the Agency for Food Security - Ministry of Agriculture organised the training to deepen the knowledge and competence of around 80 participants in testing methods that comply with the EU Commission Regulation.
ARISE+ Indonesia supported the Gayo Arabica Coffee Producers Association to develop a promotional website. The new website is expected to expand the Association’s outreach towards international coffee markets, especially in the European Union (EU).
On 10 and 11 December 2020, BAPPENAS officials attended three workshops to discuss and acquire techniques for developing, writing and presenting policy briefs, to improve their skills in delivering research findings. The activity complements previous support provided under ARISE+ Indonesia to upgrade macroeconomic planning and forecasting tools and improve technical capacity for conducting economic-trade-investment simulations and analysis to ultimately strengthen Indonesia’s national development planning process.
In collaboration with Oxford Economics, ARISE+ Indonesia facilitated a training session for Bappenas on updating the Global Economic Model (GEM). This model provides Bappenas with the capability to conduct simulations on different policy scenarios and assess their short, medium and long term impact.
Over the past six months, the ARISE+ Indonesia team has worked closely with the Ministry of National Development Planning (BAPPENAS), Investment Coordinating Board (BKPM), the Ministry of Trade and other stakeholders to develop an Electronics Sector Deep-Dive Assessment and an Investor Aftercare Study, both aimed at improving Indonesia’s investment policies and enhancing the business environment for investors, both in the short-term and the medium-to-longer term. The key policy recommendations provided by the two the studies come at an opportune time as Indonesia seeks to revitalise its manufacturing sector through its Making Indonesia 4.0 initiative.
