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Digital Economy Agreement: An instrument for advancing economic diplomacy of Indonesia

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This paper examines the potential of Digital Economy Agreements (DEA) as an instrument for Indonesia's economic diplomacy to enhance trade and collaboration in the digital economy. Indonesia's digital economy value is projected to surge by US$ 400 billion by 2030 through DEA, aligning with economic diplomacy objectives to spur economic growth, people's welfare, and national resilience. Countries like Singapore and New Zealand that have concluded DEA have witnessed GDP boosts. Through key provisions such as paperless trading and e-invoicing, DEA can enhance existing economic agreements (FTAs and PTAs), promote greater Indonesian SMEs' involvement in digital trade, and leverage emerging technology issues like artificial intelligence. Currently, Indonesia has only begun negotiating one DEA—the Digital Economic Framework Agreement (DEFA) within ASEAN. The paper recommends DEA proliferation led by the Ministry of Foreign Affairs with relevant ministries through five policy measures: (1) incorporating DEA into the Grand Design of Economic Diplomacy (GDDE), (2) gathering business sector input before negotiations, (3) organizing negotiation training, (4) encouraging establishment of basic positions and DEA model templates, and (5) prioritizing DEA with countries already having FTAs/PTAs with Japan as a priority partner. Implementation can begin in 2024 or 2025.

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Ketersediaan

2024-4362

Sesdilu 76-2024

Training Materials Repository

Tersedia

Informasi Detail

Judul Seri

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No. Panggil

Sesdilu 76-2024

Penerbit

Jakarta : Kementerian Luar Negeri., 2024

Deskripsi Fisik

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Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

text

Tipe Media

computer

Tipe Pembawa

online resource

Edisi

-

Subjek

Economic diplomacy — Indonesia

Info Detail Spesifik

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Pernyataan Tanggungjawab

UPT. Sekolah Staf Dinas Luar Negeri

Versi lain/terkait

Lampiran Berkas

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