Indonesia considers joining the Trans-Pacific Partnership

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Indonesia is studying the possibility of joining the Trans-Pacific Partnership (TPP) without the United States, known as TPP-11. The country will discuss the matter during the 32nd ASEAN Summit in Singapore on April 25, the country’s Trade Minister Enggartiasto Lukita said.

He added that as Malaysia, Vietnam, Singapore and Brunei had entered the trade pact, the remaining countries, Indonesia, Thailand, Laos, Cambodia, Myanmar and the Philippines, could get input from them.

“We are studying the new TPP because without the US, it will be different. ASEAN countries will sit together and those four countries that are already in the TPP will brief the remaining six countries,” Enggar said.

Earlier, Indonesian Finance Minister and former World Bank managing director Mulyani Indrawati has said her country wanted to join the TPP, but was not yet ready to do so.

She said that Indonesian President Joko Widodo has always wanted to join the TPP but does not see it as an immediate priority for the economy.

“The direction is towards that (TPP), but we have to address a lot of structural issues. That is why the Indonesian government is paying attention to connectivity, human capital and reform to the ease of doing business,” she said.

Other countries participating in the TPP-11 are Australia, Canada, Chile, Japan, Mexico, New Zealand and Peru.

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Reading Time: 1 minute

Indonesia is studying the possibility of joining the Trans-Pacific Partnership (TPP) without the United States, known as TPP-11. The country will discuss the matter during the 32nd ASEAN Summit in Singapore on April 25, the country’s Trade Minister Enggartiasto Lukita said.

Reading Time: 1 minute

Indonesia is studying the possibility of joining the Trans-Pacific Partnership (TPP) without the United States, known as TPP-11. The country will discuss the matter during the 32nd ASEAN Summit in Singapore on April 25, the country’s Trade Minister Enggartiasto Lukita said.

He added that as Malaysia, Vietnam, Singapore and Brunei had entered the trade pact, the remaining countries, Indonesia, Thailand, Laos, Cambodia, Myanmar and the Philippines, could get input from them.

“We are studying the new TPP because without the US, it will be different. ASEAN countries will sit together and those four countries that are already in the TPP will brief the remaining six countries,” Enggar said.

Earlier, Indonesian Finance Minister and former World Bank managing director Mulyani Indrawati has said her country wanted to join the TPP, but was not yet ready to do so.

She said that Indonesian President Joko Widodo has always wanted to join the TPP but does not see it as an immediate priority for the economy.

“The direction is towards that (TPP), but we have to address a lot of structural issues. That is why the Indonesian government is paying attention to connectivity, human capital and reform to the ease of doing business,” she said.

Other countries participating in the TPP-11 are Australia, Canada, Chile, Japan, Mexico, New Zealand and Peru.

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