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EuroCham Indonesia was present in the 4th Asia-Europe Transport Ministers’ on 26-28 September 2017 in Bali, Indonesia. The ASEM Meeting discussed "Bridging Europe–Asia through Integrated Transport Connectivity–Synergizing Regional Strategic Plan: Towards Modernized Transport Connectivity and Greener Urban Transport." EuroCham Indonesia was visited by The Indonesian Minister of Transportation, Budi Karya Sumadi; the EU Commissioner for Transport, H.E. Violeta Bulc; and Brunei Darussalam Minister of Transport. The meeting was attended by 38 countries and 5 international organisation (ASEAN Secretariat, Asia-Europe Foundation, European Union, UNECE and UNESCAP). There were 15 Transport Ministers attending with total delegation of 251 people.
After the second round held in Bali, January 2017 and inter-sessional meetings before summer, the EU and Indonesia continued the third round of CEPA negotiation in Brussels, on 11-15 September 2017. Prior to the third round, both sides exchanged several text proposals.
According to official press release from the Indonesian Ministry of Trade, both sides are currently targeting the finalization of market access framework. It is expected that such framework can be concluded in the fourth round, which will be organized in Indonesia early next year.
In the light of CEPA Negotiation, EuroCham has submitted its Position Paper to the EU Delegation on 20 September. As changes within Indonesia’s business environment is inevitable, EuroCham will continue to update the Position Paper according to the recent development.