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On the 2nd of May, EuroCham held a follow-up meeting with the Coordinating Minister of Economic Affairs regarding EuroCham input on the Revision of Government Regulation Number 5 of 2021 concerning the Implementation of Risk-Based Business Licensing.

The meeting was led by Ichsan Zulkarnain (Assistant Deputy for Investment Acceleration and Downstreaming) from the CMEA side and Vera Galuh Sugijanto (Board Member of EuroCham and VP General Secretary of Danone).

The meeting allowed EuroCham members to restate their concerns towards the revision and gave the opportunity from CMEA to address the concerns. CMEA also invited representatives from the related ministries to the meeting.

We want to thank Pak Ichsan and CMEA for the opportunity and arranging the meeting.

EuroCham Indonesia was invited to an exclusive meeting organized by AmCham Indonesia to engage with the National Economic Council of Indonesia (DEN) on March 25. Represented by Edison Bako, Executive Director, EuroCham joined fellow foreign chambers, AmCham Indonesia, BritCham Indonesia, and KoCham Indonesia, in discussions aimed at enhancing Indonesia’s business and investment climate.

Chairman Luhut Binsar Pandjaitan, accompanied by Vice Chair Mari Elka Pangestu and other senior officials, welcomed inputs from the delegation. He provided updates on the government’s latest initiatives, including the adoption of Government Technology (GovTech) to improve efficiency and transparency in public services. Additionally, he emphasized the formation of a task force to address regulatory hurdles that may slow down investment.

The foreign chambers took the opportunity to convey key recommendations aimed at strengthening Indonesia’s competitiveness, ensuring regulatory certainty, and fostering a more investment-friendly environment. European businesses remain committed to Indonesia’s economic growth, but concerns persist regarding sudden policy shifts, particularly around import regulations and non-tariff barriers, which could disrupt business operations.

We appreciate the constructive engagement with DEN and look forward to further dialogues to support Indonesia’s economic transformation. Many thanks to AmCham Indonesia for facilitating this important discussion.