Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Indonesian Foreign Trade Policy Dealing with the Global Market in Framework Asean Economic Community (AEC)

Author(s): Muhammad Sood

This article aims to analyze Indonesian foreign trade policy dealing with the global market, and analyze the role of the Indonesian Government in regional trade in the ASEAN Region post-AEC. This article sources from normative legal research, therefore the approach methods used are the statutory approach, the conceptual approach and the comparative approach. The results show that, Indonesian foreign trade policy in facing the global market is regulated in various regulations, including Law Number 7 of 2014 concerning Trade, which is aimed to increase the competitiveness of export products through expanding market access abroad; increasing the number, types and quality of export products; harmonization of standards and procedures for trading activities with trading partner countries; institutional strengthening in the trade sector; foreign trade infrastructure development; protection of national interests from the negative impacts of foreign trade; control of foreign trade through import trade system, licensing system; standardization of products and prohibition of trade restrictions. As for the role of the Indonesian government in facing regional trade in the ASEAN Region, among others, with a strategy to strengthen the quality of domestic products, take advantage of opportunities, and increase the competitiveness of export products in the ASEAN region; developing the creative economy through the Program of I love Indonesia Product as a Nation Branding Movement; strengthening the Small and Medium Business Sector; and development of the industrial sector by strengthening superior products.

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