Ambassador Guarantee Indonesian exports to the European Union Rises

MAKASSAR - Indonesia's economic growth will double within the next five years. The projection is described by the EU Ambassador to Indonesia, Brunei Darussalam and ASEAN, Julian Wilson.

According to Julian, the acceleration occurs only if Indonesia is serious about building economic partnership with the EU through comprehensive economic partnership agreement or the Comprehensive Economic Partnership Agreement (CEPA). CEPA will push Indonesia's economy by creating additional GDP of $ 6, 3 billion.

"A total of 1100 employers in Indonesia EU has absorbed approximately 1.1 million workers. Number will further increase after the conclusion of CEPA. Addition, through investment, the EU also perform technology transfer to Indonesia," said Julian, in the socialization CEPA forum , at Grand Clarion Hotel & Convention Makassar, on Wednesday (20/02/2013).

Currently, described, the EU is the second largest investor in Indonesia. So, agreed CEPA will increase exports by USD9 billion. The EU will also increase the main investor in Indonesia.

Forum socialization CEPA itself put some points that will be realized if the CEPA can be realized, such as the EU can invest up to twice the value of current investments in Indonesia. Currently, the value investor EU reached 130 billion euros.

In addition to Indonesia's exports could increase USD9, 8 billion to the EU, their products will not be competitive with products from the European Union. Access to the European market in Indonesia was still assured. As the middle class, Indonesia confirmed receiving subsidies worth $ 10 billion import duty.

He added that the EU provides funding for capacity building and potential strategic efforts such as fisheries and estate worth 20 million euros.

"Indonesia is currently only absorb 1.6 percent of the total investment of 130 billion euros European Union in Asia. CEPA is expected to be more competitive than neighboring countries such as Malaysia, Singapore, and Thailand," said Julian.