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Indonesia–European Union Trade Relations
The European Union and Indonesia have built robust commercial relations, with bilateral trade amounting to approximately €25 billion in 2012 resulting in a sizeable €5.7 billion trade surplus for Indonesia with the EU. EU and Indonesia has been marked by an upward trend. Whereas total trade was worth almost €16 billion in 2009, by 2011 it had already reached €23.5 billion. For the EU, Indonesia is the 24th largest import source (share 0.9%) and the 30th largest export destination (share 0.6%). Inside the ASEAN region, Indonesia ranks fourth in terms of total trade. The EU is Indonesia's 4th largest trading partner after Japan, China and Singapore, representing almost 10% of its total external trade. The EU is the second-largest investor in the Indonesian economy. In the past years, approximately 1000 European companies have invested about €130 billion in the economy and directly generated employment for 1.1 million Indonesians. EU investmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental Dumping
Environmental dumping is the practice of transfrontier shipment of waste (household waste, industrial/nuclear waste, etc.) from one country to another. The goal is to take the waste to a country that has less strict environmental laws, or environmental laws that are not strictly enforced. The economic benefit of this practice is cheap disposal or recycling of waste without the economic regulations of the original country. An example of an attempt at environmental dumping is the story of the decommissioned French aircraft carrier, the FS Clemenceau, which was originally sold to a ship breaking yard in Gujarat India to be demolished and recycled as scrap. The Indian Supreme Court ruled in 2006 that it could not enter Indian waters due to the high level of toxic waste and 700 tons of asbestos present on the ship, forcing the French government to take the Clemenceau back. The ship was subsequently blocked from entering the Suez Canal for the same reason. In 2009, the task of recyclin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesia–European Union Relations
Diplomatic relations between European countries and Indonesia date back to 1949. Initially, European Union (EU)–Indonesia relations were facilitated through the EU–Association of Southeast Asian Nations (ASEAN) cooperation. Bilateral cooperation was continuously expanded and eventually the EU Delegation to Indonesia was opened in 1988. Economic and political dialogue between Indonesia and the EU takes the form of regular Senior Officials Meetings. In 2000 relations were further reinforced with the release of the European Commission's communication "Developing Closer Relations between Indonesia and the EU". In November 2013, the EU's high representative for foreign and security policy Catherine Ashton made her first official visit to Indonesia. Economic Relations The EU and Indonesia have built robust commercial relations, with bilateral trade amounting to approximately €25 billion in 2012 resulting in a sizeable €5.7 billion trade surplus for Indonesia with the EU. In the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forest Products
A forest product is any material derived from forestry for direct consumption or commercial use, such as lumber, paper, or fodder for livestock. Wood, by far the dominant product of forests, is used for many purposes, such as wood fuel (e.g. in form of firewood or charcoal) or the finished structural materials used for the construction of buildings, or as a raw material, in the form of wood pulp, that is used in the production of paper. All other non-wood products derived from forest resources, comprising a broad variety of other forest products, are collectively described as non-timber forest products (NTFP). Non-timber forest products are viewed to have fewer negative effects on forest ecosystem when providing income sources for local community. Globally, about 1.15 billion ha of forest is managed primarily for the production of wood and non-wood forest products. In addition, 749 million is designated for multiple use, which often includes production. Worldwide, the area of fore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The European Union
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. The European Union's GDP estimated to be around $16.6 trillion (nominal) in 2022 representing around one sixth of the global economy. The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollar. The euro is used by 19 of its members, overall, it is the official currency in 25 countries, in the eurozone and in six other European countries, officially or de facto. The European Union economy consists of an internal market of mixed economies based on free market and advanced social models. For instance, it includes an internal single market with free movement of goods, services, capital, and labor. The GDP per capita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Indonesia
The economy of Indonesia is the largest in Southeast Asia and is one of the emerging market economies. As a middle-income country and member of the G20, Indonesia is classified as a newly industrialized country. It is the 17th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Estimated at US$40 billion in 2019, Indonesia's Internet economy is expected to cross the US$130 billion mark by 2025. Indonesia depends on the domestic market and government budget spending and its ownership of state-owned enterprises (the central government owns 141 enterprises). The administration of prices of a range of basic goods (including rice and electricity) also plays a significant role in Indonesia's market economy. However, since the 1990s, the majority of the economy has been controlled by individual Indonesians and foreign companies. In the aftermath of the 1997 Asian financial crisis, the government took custody of a significant portion of private sect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duty Free Trade
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
José Manuel Barroso
José Manuel Durão Barroso (; born 23 March 1956) is a Portuguese politician and university teacher, currently serving as non-executive chairman of Goldman Sachs International. He previously served as the 11th president of the European Commission and the 115th prime minister of Portugal. Academic career Durão Barroso (as he is known in Portugal) graduated in law from the Faculty of Law of the University of Lisbon. He subsequently obtained a Diploma in European Studies from the European University Institute, and received a MA degree with honours in both Political Science and Social Sciences from the University of Geneva in Switzerland. His academic career continued as an assistant professor in the Faculty of Law of the University of Lisbon. Barroso did PhD research at Georgetown University and Georgetown's Edmund A. Walsh School of Foreign Service in Washington, D.C., but his CV does not list any doctoral degree (except honorary). He is a 1998 graduate of the Georgetown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission President
The president of the European Commission is the head of the European Commission, the executive branch of the European Union (EU). The President of the Commission leads a Cabinet of Commissioners, referred to as the College, collectively accountable to the European Parliament. The President is empowered to allocate portfolios among, reshuffle, or dismiss Commissioners as necessary. The College directs the Commission's civil service, sets the policy agenda and determines the legislative proposals it produces. The Commission is the only body that can propose bills to become EU laws. The Commission president also represents the EU abroad, together with the President of the European Council and the High Representative of the Union for Foreign Affairs and Security Policy. The post was established in 1958. Each new President is nominated by the European Council and elected by the European Parliament, for a five-year term. The president of the Commission also delivers an annual Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Susilo Bambang Yudhoyono
Susilo Bambang Yudhoyono (born 9 September 1949), commonly referred to by his initials SBY, is an Indonesian politician and retired army general who served as the sixth president of Indonesia from 2004 to 2014. A member of the Democratic Party of Indonesia, he served as the 4th leader of the Democratic Party from 2014 until 2020, 8th and 10th coordinating minister of politics and security affairs of Indonesia from 2000 until 2001, and again from 2001 until 2004. He also served as the president of the Assembly and chair of the Council of the Global Green Growth Institute. He was also the former chairman of ASEAN due to Indonesia's hosting of the 18th and 19th ASEAN Summits. Yudhoyono won the 2004 presidential election—the first direct presidential election in Indonesia, defeating incumbent president Megawati Sukarnoputri. He was sworn into office on 20 October 2004, together with Jusuf Kalla as vice-president. He ran for re-election in 2009 with Boediono as his running m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesian President
The President of the Republic of Indonesia ( id, Presiden Republik Indonesia) is both the head of state and the head of government of the Republic of Indonesia. The president leads the executive branch of the Indonesian government and is the commander-in-chief of the Indonesian National Armed Forces. Since 2004, the president and vice president are directly elected to a five-year term, once renewable, allowing for a maximum of 10 years in office. Joko Widodo is the seventh and current president of Indonesia. He assumed office on 20 October 2014. History Sukarno era The Indonesian presidency was established during the formulation of the 1945 Constitution by the Investigating Committee for Preparatory Work for Independence (BPUPK). The office was first filled on 18 August 1945 when Sukarno was elected by acclamation by the Preparatory Committee for Indonesian Independence (PPKI) because according to the Transitional Provisions of the Constitution, "the President and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comprehensive Economic Partnership Agreement Between Indonesia And The European Union , an exam taken in some countries by graduates.
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Comprehensive may refer to: *Comprehensive layout, the page layout of a proposed design as initially presented by the designer to a client. *Comprehensive school, a state school that does not select its intake on the basis of academic achievement or aptitude. *Comprehensive examination In higher education, a comprehensive examination (or comprehensive exam or exams), often abbreviated as "comps", is a specific type of examination that must be completed by graduate students in some disciplines and courses of study, and also by un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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