Proceedings of the International Conference on Law Studies (INCOLS 2022)

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Compability of Regional Comprehensive Economic Partnership (RCEP) Agreement on Trade in Services (GATS) and the Impact of Special Safeguard Measures (SSM) on the Balance of Trade in Service Liberalization in Indonesia

Authors
Muhammad Reza Syariffudin Zaki1, *, Muhammad Yaasir Syauqii Pohan1, Neisya Aulia1, Duta Imanuel Sitorus1
1Business Law and International Relations Binus University, West Jakarta, Indonesia
*Corresponding author. Email: muhammad.zaki@binus.ac.id
Corresponding Author
Muhammad Reza Syariffudin Zaki
Available Online 9 December 2022.
DOI
10.2991/978-2-494069-23-7_20How to use a DOI?
Keywords
WTO; GATS; RCEP; Services Trade Balance
Abstract

On November 15, 2020, the RCEP was signed by the Ministers of Economy and Trade of the 15 RCEP member countries and witnessed by each Head of State and Government. The fifteen RCEP member countries are 10 ASEAN member countries (Indonesia, Malaysia, Singapore, Philippines, Thailand, Vietnam, Myanmar, Lao People’s Democratic Republic, Cambodia, and Brunei Darussalam), and 5 (five) ASEAN FTA Dialogue Partners (People’s Republic of Indonesia). China, South Korea, Japan, Australia, and New Zealand). This research is entitled “Analysis of the Impact of Service Liberalization in Indonesia on the Regional Compherensive Economic Partnership (RCEP),” and is reviewed through a normative legal research method that uses a legal approach and a conceptual approach. The problem formulations of this research are: (1) How does GATS influence the liberalization of services at RCEP according to WTO legal principles? and (2) how does the RCEP agreement have an impact on Indonesia’s services trade balance in ASEAN? From the formulation of the first problem, it can be concluded that the liberalization of RCEP services must be in line with GATS and WTO legal principles. Meanwhile, regarding the second formulation of the problem, it can be concluded that Indonesia is still experiencing a deficit in the services trade balance with the European Union and that RCEP is expected to change the constellation of the Indonesian services trade balance for the better in the future.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Law Studies (INCOLS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
9 December 2022
ISBN
10.2991/978-2-494069-23-7_20
ISSN
2352-5398
DOI
10.2991/978-2-494069-23-7_20How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Muhammad Reza Syariffudin Zaki
AU  - Muhammad Yaasir Syauqii Pohan
AU  - Neisya Aulia
AU  - Duta Imanuel Sitorus
PY  - 2022
DA  - 2022/12/09
TI  - Compability of Regional Comprehensive Economic Partnership (RCEP) Agreement on Trade in Services (GATS) and the Impact of Special Safeguard Measures (SSM) on the Balance of Trade in Service Liberalization in Indonesia
BT  - Proceedings of the International Conference on Law Studies (INCOLS 2022)
PB  - Atlantis Press
SP  - 205
EP  - 218
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-23-7_20
DO  - 10.2991/978-2-494069-23-7_20
ID  - Zaki2022
ER  -