Monday, 23 September 2019 | 01:49 WIB

Trade Ministers of Indonesia and Japan Discuss G20 Summit Preparations

Indonesia Minister of Trade Enggartiasto Lukita (gatra)

JAKARTA, NETRALNEWS.COMIndonesian Trade Minister Enggartiasto Lukita received a visit from Japan's Minister of Economy, Trade and Industry (METI), Hiroshige Seko, at the Ministry of Trade office on Wednesday (29/5).

The METI Japan visit was held to discuss the preparation of the G20 Digital Minister of Trade and Economic Meeting which will be held on June 8-9, 2019 in Tsukuba, Japan; and other issues which include the development of the completion of the Regional Comprehensive Economic Partnership Agreement (RCEP) and the General Review of Indonesia-Japan Economic Partnership Agreement (GR-IJEPA).

"In this bilateral meeting, Minister Seko specifically asked for Indonesia's support to be able to encourage the success of the agenda of the G20 economic ministerial meeting to be held next month in Tsukuba, Japan," said the Minister of Trade Enggar, in a press release on Thursday (05/30/2019) .

One of Japan's main agendas is related to digital economy and its increasingly important aspects for global trade, one of which is through the concept of data management or data free flow with trust (DFFT). The DFFT concept is to maintain a balance between the use of data flow for the digital economy and protection for privacy and security. The Minister of Trade explained that in principle Indonesia supports efforts to discuss digital economics related to trade which can contribute positively to inclusive and sustainable growth and development.

"I convey that Indonesia recognizes the importance of digital economic growth and development with the aim of providing trust, privacy and intellectual property rights, while respecting the rules and regulations that apply in a country, especially in relation to strategic data. For that, I am ready to attend the G20 trade ministers' meeting next month to discuss together this important issue that is very relevant to the current global economy, "added Trade Minister Enggar.

The two Ministers also welcomed the development of the GR-IJEPA settlement and the 12th Joint Committee meeting on May 20-22, as well as supporting the results of a balanced and mutually beneficial GR-IJEPA settlement. In addition, the development of RCEP was discussed and the two ministers agreed to encourage the negotiations to be completed in 2019.