EuroCham Face-to-Face with the Vice President and Chairman of BKPM Indonesia
On 24 July 2018, EuroCham had an exclusive dialogue with H.E. Jusuf Kalla and H.E. Thomas T. Lembong. During this meeting, EuroCham applauded the extensive efforts that the Government of Indonesia have taken in improving business climate. EuroCham acknowledged the Government endeavor in simplification of procedures and licenses, including the recently issued Online Single Submission (OSS). EuroCham further appealed for the Vice President support and monitoring on the implementation of OSS, as well as the development of government regulations on Halal and draft bill on water resources.
With the ongoing Indonesia-EU Comprehensive Economic Partnership Agreement (IEU CEPA), EuroCham encouraged that the Government prioritizes the completion of said agreement. EuroCham believes that IEU CEPA would promote greater flows of investment between the two economies, as evidenced from the past positive relation between FDI and trade between Indonesia and the EU. This request was acknowledged and was further echoed by Mr. Kalla and Mr. Lembong. Mr. Lembong informed that the Government will focus its resources towards IEU CEPA negotiations.
In addition, EuroCham took this opportunity to also convey its gratitude for the engagement on the Negative Investment List (DNI) review process. EuroCham emphasized the request to open sectors within the DNI to invite more foreign investors to enter the country. EuroCham highlighted that the European business presence in the country encourages two-way trade relationship, boosting export and investment. In these regards, EuroCham will continue advocacy efforts by providing feedback and support for the Indonesian Government