Trade and Investment Intelligence in Indonesia

The Project at A Glance

In 2019, the European Commission’s Trade and Investment Barriers report ranked Indonesia third with regard to the number of trade and investment barriers applied by the country, after China and Russia. While the Indonesian Government has embarked on a round of reforms to further open its economy, through the publication of the Omnibus Law, progress in implementing the planned reforms has been impacted by the COVID-19 pandemic, which fuelled protectionist policies, including restrictions on imports.

However, given the EU’s aim to improve access to the Indonesian market, International Economics Consulting Ltd. (IEC), along with GOPA, is providing Indonesia with support to improve market access through negotiation preparation and market access strategy. The overarching objective of this two-year assignment is to support the EU’s strategic interest in improving access of European businesses to the Indonesian market.

Our Strategy and Impact

As part of this assignment, our work is structured along three key areas:

Gathering and analysing information governing EU access to the Indonesian market. In this respect, we evaluate regulatory reforms that are being discussed within ministries and the parliament.
Provide technical inputs to the EU FTA negotiators and the EU Market Access team. The two teams require regular feedback and briefing on issues and challenges that they will be facing in promoting the case for European businesses in Indonesia.
Assess the scope for regulatory reform in Indonesia. This complements the activities undertaken with regard to the first two areas and aims to identify the measures to be undertaken to foster European business opportunities in Indonesia.

Our Core Solutions

With the rapid proliferation of trade agreements worldwide, there are new market and investment opportunities for countries to explore. At International Economics Consulting, based on our extensive experience in international trade, we assist our clients by providing a detailed analysis of the key impacts of new trade agreements on their operations and competitiveness through an assessment of tariff, and non-tariff barriers, provisions on rules of origin, customs efficiency, the effectiveness of transport networks, and sustainability provisions, among others.
We can help assess the opportunities in different markets, determine the feasibility and viability of projects, and benchmark the wider ecosystem to support business growth. We also support clients in navigating the policy landscape regarding international trade by establishing robust monitoring and evaluation framework through sophisticated real-time dashboards and reporting systems to ensure the best outcomes.