Indonesia Japan Free Trade Agreement

As part of the agreement, a general review is required within five years and the Indonesian government requested a review in 2013. [1] Starting in 2015, the two countries agreed to renegotiate the terms of the agreement, with the Indonesian side (under President Joko Widodo) wanting Japanese investors to increase their investments in Indonesian infrastructure. [10] Negotiations continued in 2018 and 2019, with the initial goal of concluding negotiations by the end of 2019. [11] [12] In January 2020, negotiations for a renewed agreement continued. [13] The IIA browser is constantly adapted as a result of the review and comments of UN member states. It is based mainly on information provided by governments on a voluntary basis. A contract is entered into a country`s IGE census after its formal conclusion; Contracts that have been negotiated but have not been signed are not counted. A contract is excluded from the IGE census as soon as its termination comes into force, whether or not it may continue to have legal effects on certain investments during its “survival” period (“sunset”). If the contract is replaced, only one of the contracts between the same parties is accounted for. Depending on the situation, the contract counted may be “old” if it remains in force until the newly concluded AI is ratified. While every effort is made to ensure the accuracy and completeness of the content, UNCTAD assumes no responsibility for errors or omissions in this data. The information and texts contained in the database have a purely informative purpose and have no official or legal status.

If there is any doubt about the contents of the database, it is recommended that you contact the relevant ministry or states concerned. Users are encouraged to report agreements, errors or omissions via the online contact form. The agreement contained clauses relating to the free movement of goods and services between the two countries by removing tariffs, while adapting investment rules to attract Japanese investors to Indonesia. In addition, specific issues such as intellectual property, customs procedures and energy/mineral resources were addressed. The agreement also allowed some Indonesian nurses to work in Japan. [1] [2] Both governments were working to reach an agreement by the end of 2006, but this took two years. The pact was signed on August 20, 2007 and came into force on July 1, 2008.