Indonesia reviews regulations ahead of CPTPP accession
Preparations cover trade, investment, digital commerce and labour, while a formal accession working group would require members’ consensus.
Indonesia is assessing how its domestic regulations match the requirements of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as it prepares for accession, according to the Coordinating Ministry for Economic Affairs.
Edi Prio Pambudi, the ministry’s Deputy for Economic and Investment Cooperation Coordination, said agencies were stepping up coordination to respond to an indicative checklist measuring regulatory alignment with the pact. Ministries and agencies have been asked to work together on a comprehensive, transparent response.
The review covers investment, market access, customs procedures and rules of origin. It also encompasses public procurement, competition policy, state-owned enterprises, digital trade, labour and environmental provisions.
Edi said preparatory discussions give Indonesia a chance to set out its current policies, receive feedback and determine where further work is needed. Establishing an Accession Working Group would still depend on the relevant procedures and agreement among CPTPP members.
The government sees membership as a way to strengthen economic partnerships and diversify supply chains. It also expects accession to create opportunities for manufacturing and services businesses. Edi said transparent and fair trade rules could give businesses certainty while spreading the benefits of economic integration more widely.
