Agriculture, food and beverage Indonesia – Eurocham Position Paper 2018
The EuroCham Position Paper 2018 summarizes Indonesia’s key sectors performance in 2017, highlighting Agriculture and Food and Beverages. It offers recommendations to the Government of Indonesia in support of the nation’s economy and its overall well-being. Furthermore, the analysis is basing on the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA), where negotiations are aimed to boost economic cooperation that leads to improved investment climate.
The agriculture’s GDP contribution rose from 13.52% in QI 2017 to 13.92% in QII. The food and beverage, however, fell to 7.9% from 8.15%, respectively. European businesses recommend that the Indonesian Government develop an enhanced Food Security initiative by eliminating trade barriers, including Excise Implementation on Plastic Packaging and Soft Drinks, as well as, regulation on Sugar Bidding Procedure. The successful outcome to negotiations will sustain farmers’ livelihood, widen EU-Indonesian market access, and ultimately boost trade volumes (Full Report)