Jumat 22 Jul 2016 22:36 WIB

Kadin expects IEU-CEPA negotiations to reach completion

Red: Julkifli Marbun
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Foto: Antara/Yusuf Nugroho
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REPUBLIKA.CO.ID, JAKARTA -- The Indonesian Chamber of Commerce and Industry expects the negotiations for the Indonesia European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) to be completed in less than two years.

"We are expecting the negotiations to be completed in one and half years to two years," the Chairman of the Indonesian Chamber of Commerce and Industry (KADIN), Rosan P Roeslani, said here on Friday.

Rosan added that the chamber has given its inputs and advice to the government regarding the negotiations. Some parties consider that the CEPA will make trading more open and free than it is today.

"What they are worried about is that trading will be more open and free, which, in fact, will not happen. We can negotiate about sectors that we can protect," Rosan pointed out.