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Monday, 12 September 2022 11:33

Indonesia and Japan to improve cooperation in manufacturing industry

Written by  Rahma
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Indonesia and Japan keep improving cooperation in the manufacturing sector through a number of strategic steps and implementation of the commitments that have been made. One of the agendas that are the focus of the two countries is the completion of the protocol for amendments to the Indonesia-Japan Economic Partnership Economic Agreement (IJ-EPA) which will be announced by the leaders of the two countries at the G20 Summit in Bali in November 2022. Indonesian  Minister of Industry, Agus Gumiwang Kartasasmita in his statement last Thursday (8/9) said that his side  will open wider access and more substantive offer. Hopefully, this will be a win-win solution for both parties.

According to Minister Agus Gumiwang, for several issues that are still being negotiated in the IJ-EPA cooperation, they  include trade in goods, services, economic cooperation, movement of individuals  to the Rule of Origin. There are also issues related to industry, implementation of cooperation in the field of industrial sector development through New Manufacturing Industry Development Center (New MIDEC), and improved offer for steel products. While on the agenda of the G20 Presidency, the Indonesian Ministry of Industry expects support from the Minister of Economy, Trade and Industry of Japan for the sustainability of industrial inclusion in discussions at the G20 forum. In Trade, Investment, and Industry, the Working Group of the G20 Indonesia 2022 Presidency, the government proposes industrial inclusion in the discussion of the G20 forum, and hopes that the discussion of industrial issues can be carried out sustainably.

In the Zero Draft Ministerial Statement on Trade,Investment and Industry which has been distributed to G20 members, Indonesia proposes an alternative to the establishment of an Industry Working Group. It is a forum for discussing industrial issues in the next G20 Presidency. On one hand, the Minister of Economy, Trade and Industry of Japan, Nishimura Yasutoshi expressed his appreciation for the Indonesian Presidency at the G20, and supports the discussion of industrial issues to be continued. On the other  hand, Indonesia expects Japan's support to achieve zero emission through innovative technology cooperation.

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