Coordinating Minister for Economic Affairs Airlangga Hartarto said that Indonesia is also committed to facilitating investment in United States (US) companies that have been operating in Indonesia, including in terms of licensing and providing incentives.
"Indonesia also facilitates United States companies that have been operating in Indonesia, and of course there are matters related to licensing and incentives that can be given," said Airlangga, Friday, April 18.
Meanwhile, this proposal is one of the discussions in negotiations between Indonesia and the US government, including the United States Trade Representative (USTR) and the Secretary of Commerce.
Airlangga added that Indonesia also offers cooperation in strategic minerals or critical minerals management and simplification of import procedures, including horticultural products from the US.
In addition, Airlangga added and cooperation between countries in the investment sector, Indonesia encourages investment to be carried out on a business to business basis.
"Indonesia also encourages the importance of strengthening cooperation in the human resource development sector, including for the education, science, technology, engineering, mathematics, the digital economy, and of course Indonesia also raises related to financial services which are more likely to benefit the US," he said.
Airlangga added that Indonesia also emphasized to the US the implementation of more competitive tariffs with countries competing with Indonesia itself.
"Currently, Indonesia's main export products such as garment, footwear, textiles, furniture, and shrimp are products that Indonesia gets a higher import fee than several competing countries, both from ASEAN and other Asian countries," he said.
In addition, Airlangga said that in these negotiations, Indonesia submitted a number of proposals, including an increase in energy purchases from the US such as LPG, crude oil, and gas.
"From the discussion, there were several things proposed by Indonesia, as stated in the official letter, that Indonesia would increase the purchase of energy from the United States, including LPG, then also fuel oil, and gasoline," he said.
In addition, Indonesia also plans to import agricultural products such as wheat, soybeans, soybean milk, and increase the purchase of capital goods from the United States.
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According to him, this is expected to be an added value in ongoing negotiations, especially in discussing trade tariff schemes.
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