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Sustaining Indonesia’s investment in Myanmar

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This paper examines how Indonesia can sustain its investment in Myanmar. In her 2019 speech on Indonesia’s foreign policy priorities, the Minister for Foreign Affairs emphasized that Indonesian companies, including state-owned enterprises, should develop outbound investment strategies in synergy with the national interest and that Indonesian investment abroad must be protected. Indonesia–Myanmar economic relations have consistently improved in recent years: bilateral trade reached USD 1 billion in 2018, and an Indonesian pharmaceutical company has recently built a plant in Myanmar, with production expected to begin in 2022. However, since the military took control of Myanmar on 1 February 2021, the investment climate has become unfavorable for foreign businesses. Indonesia has also kept its bilateral interaction with Myanmar to a minimum, since formal engagement could be misinterpreted as political recognition of the current regime. The paper reviews Indonesia’s current economic engagement with Myanmar and its economic diplomacy priorities, analyzes internal and external factors affecting outbound investment to Myanmar, and proposes three policy options for the Ministry of Foreign Affairs, concluding with the author’s perspectives and recommendations.

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Ketersediaan

2021-0311

Sesdilu 71-2021

Tersedia

Informasi Detail

Judul Seri

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No. Panggil

Sesdilu 71-2021

Penerbit

Jakarta : Kementerian Luar Negeri., 2021

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

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Subjek

Economic Diplomacy

Info Detail Spesifik

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Pernyataan Tanggungjawab

UPT Sekolah Staf Dinas Luar Negeri

Versi lain/terkait

Lampiran Berkas

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