Tag Archives: ECONOMY

  The compilation of ISDS Case Stories in Indonesia In order to facilitate foreign investment, pro-investor policies are often enacted by the Government. Starting from implementing low-wage policies, legalizing land grabbing, exploitation of natural resources, to the legalizing investment permits without any environmental impact analysis. However, when there are policies that are considered impede investment, investors could easily defend their …

A Paper of Indonesia for Global Justice (IGJ) For the Intergovernmental Working Group on Transnational Corporations and Other Business Enterprises with Respect to Human Rights Background This paper position was compiled in response to the revised draft legally binding instrument on business activities and human rights, issued by The Chairman of the OEIGWG in July 2019. The compilation of this …

Statement from the Australian Fair Trade and Investment Network and Indonesia for Global Justice opposing investor rights to sue governments in the Indonesia-Australia Comprehensive Economic Partnership (IA CEPA) Investor-State Dispute Settlement (ISDS) gives additional legal rights foreign investors (rights not available to local investors) to sue governments for millionsin  international tribunals if they can claim that a change in national law or policy …

  Stop The Expansion Extractive Projects   We are communities and organizations all over the Asia-Pacific region who have come together to pursue protection and fulfillment of human rights and challenge destructive mining projects and the extractivist economy. We represent farmers, fishermen,  indigenous  peoples, women, forest-dependent communities, academe, faith-based  groups,  development  partners  and  non-governmental  organisations (NGOs). Several of our members and …

SAVE THE DATE! WEEK OF PEOPLES MOBILISATION 12 – 19 October 2019 2019 WILL BE A DECISIVE YEAR FOR THE BINDING TREATY ON TRANSNATIONAL CORPORATIONS AND HUMAN RIGHTS!  We call to mobilise worldwide on 12th October to denounce Corporate impunity, on the occasion of the Week of Peoples Mobilisation in Geneva JOIN IN TO RECLAIM PEOPLES RIGHTS OVER INVESTORS AND CORPORATE PROFITS …

Australia and Indonesia signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on 4 March 2019. This agreement launches a new chapter in economic relations between Australia and Indonesia. Download >>> IA-CEPA TEXT AGREEMENT 2019 Sources : https://dfat.gov.au/trade/agreements/not-yet-in-force/iacepa/Pages/indonesia-australia-comprehensive-economic-partnership-agreement.aspx

Press Statement  Civil Society Coalition for Economic Justice RCEP Protecting Investors, Depriving People’s Rights Jakarta, August 23, 2019. Civil society coalition for economic justice held a protest rejecting RCEP agreement that’s being negotiated by Indonesia. The coalition sees that RCEP provision will legalize the deprivation of people’s right over their economic justice and will aggressively provide protection and facilitate the …

Jakarta, June 18, 2019. Indonesia for Global Justice (IGJ) considers that it is not enough just to pursue the value of exports by increasing FTAs to improve the condition of Indonesia’s trade balance. This is because the problem of Indonesia’s trade balance deficit is due to structural problems in trade performance that affect the foundation of the national economy in …

BPS(Statistics Indonesia) recorded Indonesia’s trade balancein the first quarter of 2019, Indonesia had a deficit up to 2.5 billion USD while in 2018 it experienced deficit to 8.5 billion USD, and it is the worst in the history. According to that, will Indonesia experience a more severe trade deficit later this year? Especially in the middle of the current global …

Last month, Australia and Indonesia signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (‘IA-CEPA’), containing in Chapter 14 provisions related to the protection of foreign investments. Negotiations of an IA-CEPA were initially announced in 2010, and formally began in September 2012. The negotiations were thereafter suspended, but relaunched in March 2016. Signature and ratification of the treaty have subsequently been waylaid on a number of occasions due …