General Review Indonesia-Japan Economic Partnership Agreement

Currently, IJEPA only grants one-year residence permits and one-year extendable residence permits for skilled workers, such as nurses and caregivers for the elderly, apart from workers and businessmen who work in accordance with Schedule 10 of the agreement. Faced with the daily production of huge amounts of data, Japanese Prime Minister Shinzo Abe said that the upcoming G20 summit should fight against the management of this digital information. He argued that the engine of economic growth „is no longer fuelled by gasoline, but increasingly by digital data.“ The Indonesia-Japan Economic Partnership Agreement is a bilateral agreement signed on 20 August 2007 between Indonesia and Japan and has been in force since 1 July 2008. It was Indonesia`s first bilateral free trade agreement, initiated by Japanese Prime Minister Junichiro Koizumi. Since 2013, Indonesia has requested a review of the terms of the agreement and negotiations are under way. Indonesia continues to insist that a general review be carried out in the near future. Lukita said the debate had developed rather well in both countries. Indonesia and Japan have negotiated mutually beneficial cooperation. Especially for manufacturing, health professionals, the supply chain and the processing of agricultural and fisheries products.

The meeting focused on the conclusion of the general review of the Indonesia-Japan Economic Partnership Agreement (GR-IJEPA) and the Comprehensive Economic Partnership Agreement (RCEP). The meeting took place on the sidelines of the G20 summit on June 27, 2019, in Osaka, Japan. IJEPA is the first bilateral trade agreement in Indonesia. This agreement was signed in Jakarta on 20 August 2007 and came into force on 1 July 2008. On the basis of the mandate of Article 151 of the IJEPA agreement, Indonesia and Japan are able to verify the implementation and implementation of the agreement in the fifth year since its implementation. THE GR-IJEPA is a dynamic to renegotiate the expansion of market access between the two countries and strengthen economic cooperation. A trade agreement between Japan and Southeast Asian countries (including Indonesia) was put on the market as the idea of Junichiro Koizumi, then Prime Minister of Japan, during his visit to Jakarta in January 2002, when he informed Indonesian President Megawati Sukarnoputri. [3] Further talks took place between them when Megawati visited Tokyo in June 2003. [4] After a brief hiatus following Indonesia`s 2004 presidential elections, in which Megawati was replaced by Susilo Bambang Yudhoyono, the progress of the agreement continued in December 2004, when the two countries agreed to form a „study group“ to explore a possible free trade agreement.

[5] The results of the task force were published in May 2005 and recommended that negotiations be conducted in parallel with the Japan-ASEAN agreement. [6] JAKARTA (TheInsiderStories) – The Indonesian government wants to conclude the general revision of the Indonesian Economic Partnership Agreement (IJEPA) announced at the end of June 2019, said Trade Minister Enggartiasto Lukita.