Representatives from the U.S. and Indonesia have met to discuss ways to further bilateral investment between the two nations under the U.S.-Indonesia Trade and Investment Framework Agreement.
The parties discussed cross-border, regional and multilateral trade issues, including their cooperation within the framework of the Asia-Pacific Economic Cooperation forum and their cooperation on this year’s World Trade Organization ministerial session. Indonesia will host the ministerial session and the APEC Leaders’ Meeting later this year.
The U.S. sought to address concerns related to the growing number of measures Indonesia has implemented to restrict access to its market in the agriculture, manufacturing, energy and telecommunications sectors, as well as concerns related to Indonesian investment restrictions.
The TIFA session was co-chaired by Barbara Weisel, assistant U.S. trade representative for Southeast Asia and the Pacific, and Iman Pambagyo, Indonesia’s ministry of trade director-general for international trade cooperation. The U.S. team also included representatives from the departments of Agriculture, Commerce, State, Homeland Security and Treasury, as well as the U.S. Environmental Protection Agency and the U.S. International Trade Commission.