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    Tuton Tugas 2 Bahasa Inggris Niaga

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    R Rifai
    Indonesia signed several free trade agreements with Asian countries to boost its economy. These agreements eliminate tariffs on Indonesian exports, improving business opportunities. They also facilitate workforce development programs and prioritize cooperation in key sectors like education, telecommunications, and infrastructure. As Indonesia and other ASEAN countries face economic challenges from COVID-19, such trade agreements take on greater importance in spurring growth and investment during the recovery process.

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    Tuton Tugas 2 Bahasa Inggris Niaga

    Uploaded by

    R Rifai
    334 views1 page
    Indonesia signed several free trade agreements with Asian countries to boost its economy. These agreements eliminate tariffs on Indonesian exports, improving business opportunities. They also facilitate workforce development programs and prioritize cooperation in key sectors like education, telecommunications, and infrastructure. As Indonesia and other ASEAN countries face economic challenges from COVID-19, such trade agreements take on greater importance in spurring growth and investment during the recovery process.

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    Indonesia signed several free trade agreements with Asian countries to boost its economy. These agreements eliminate tariffs on Indonesian exports, improving business opportunities. They also facilitate workforce development programs and prioritize cooperation in key sectors like education, telecommunications, and infrastructure. As Indonesia and other ASEAN countries face economic challenges from COVID-19, such trade agreements take on greater importance in spurring growth and investment during the recovery process.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    334 views1 page

    Tuton Tugas 2 Bahasa Inggris Niaga

    Uploaded by

    R Rifai
    Indonesia signed several free trade agreements with Asian countries to boost its economy. These agreements eliminate tariffs on Indonesian exports, improving business opportunities. They also facilitate workforce development programs and prioritize cooperation in key sectors like education, telecommunications, and infrastructure. As Indonesia and other ASEAN countries face economic challenges from COVID-19, such trade agreements take on greater importance in spurring growth and investment during the recovery process.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    1. Indonesia has signed some Free trade agreement with some countries in Asia.

    Do you
    think that this decision is beneficial for Indonesia economic? Explain your reason!
    Answer :
    I think this decision is beneficial for Indonesia economy because Indonesia is the Pioneer and
    Founder of the Organization for Economic Cooperation between countries, Indonesia as an
    Active Member of Various Organizations of Economic Cooperation between Countries, and
    Indonesia as an Actor in Economic Cooperation between Countries
    ESSAY
    The economic crisis experienced by Indonesia in the 90s brought Indonesia to a slump with
    foreign debt loans piling up and it was the people who had to pay the debt. Foreign loans are
    followed by strict requirements from each country, where the agreement requires the
    Government of Indonesia to start opening up opportunities for foreign investors to carry out
    activities in all national economic activities. This makes the obligation and responsibility of
    the state to protect and ensure the welfare of the people.

    To successfully penetrate the export market, Indonesia must be aware of all trade
    agreements that have been signed internationally. So, not only to understand the extent of
    the ASEAN free trade agreement but must know the agreement globally in various countries
    of the world. In 2020 the Ministry of Trade of the Republic of Indonesia carried out many
    agendas for meeting free trade agreements with various countries. The goal is to increase
    Indonesia's trade volume in the global market. This is the idea of President Joko Widodo
    who asked ministerial staff to immediately complete various trade agreements by 2020.
    Establishing trade cooperation between countries is the only way Indonesia can improve its
    economy, especially during the current pandemic. The existence of international
    cooperation activities between countries is believed to be able to provide effectiveness in
    accelerating economic recovery due to the pandemic, such as through Indonesia's free trade
    agreements with various ASEAN countries.

    The benefit of the free trade agreement for Indonesia in my opinion is that it provides
    benefits for business actors through the elimination of all customs tariffs so that all
    Indonesian products entering the ASEAN market enjoy 0% tariffs. Indonesia will also
    receive HR improvement programs such as vocational education activities and internship
    programs based on the needs of the Indonesian industrial sector. The priority sectors are
    education, telecommunications, tourism, health development, energy, mining,
    infrastructure, financial services, information, and communication technology. Approval of
    free trade agreements is a long-standing goal of countries in enhancing strategies to
    strengthen exports of goods and services. In addition, the increasing economic pressure due
    to COVID-19 in Indonesia and ASEAN countries makes this agreement very important to
    provide good opportunities to spur growth and investment in both countries during the
    adaptation/recovery process in this pandemic situation.

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