IMPLEMENTATION OF THE INDONESIA-KOREA COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (IK-CEPA): AN ANALYSIS OF STRATEGIC AND ECONOMIC IMPACTS ON BILATERAL AND REGIONAL RELATIONS

Syuryansyah Syuryansyah, Bagaskara Sagita Wijaya

Abstract


The Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) represents a strategic move to enhance bilateral economic relations and maximize the potential of both countries. This study employs qualitative analysis and literature review methods to assess the strategic impacts of IK-CEPA, focusing on diplomatic, regional, and economic aspects. Diplomatically, IK-CEPA strengthens bilateral ties with South Korea, reflecting a positive shift in South Korea's view of Indonesia as a strategic partner. Regionally, the agreement contributes to strengthening economic cooperation and improving Indonesia's competitiveness in the global market. Economically, IK-CEPA has significant effects on bilateral trade and capital flows by reducing tariff barriers and creating new investment opportunities, particularly in sectors such as automotive and renewable energy. Major challenges include limited information and financial access for SMEs, while opportunities involve increased exports, digitization of SMEs, and utilization of advanced technology. The study concludes that IK-CEPA offers substantial benefits for Indonesia's economy by enhancing the country's position in the international market and driving domestic economic growth.

Keywords


Indonesia-Korea CEPA, bilateral trade, economic partnership, investment, regional cooperation

Full Text:

PDF

References


REFERENCE

Alunaza, H., Putri, K. A. S., & Manurung, G. N. (2023). Analisis Dampak ASEAN-Korea Free Trade Area Terhadap Perkembangan Ekspor Impor Indonesia-Korea Selatan 2018-2021. Jurnal Al Azhar Indonesia Seri Ilmu Sosial, 4(3), 128. https://doi.org/10.36722/jaiss.v4i3.2038

Arwanto, A., & Anggraini, W. (2021). Dinamika Ekonomi Politik Global Dan Pembagian Kerja Internasional. Jurnal Politik Pemerintahan Dharma Praja, 23–34. https://doi.org/10.33701/jppdp.v14i2.1977

Asi, F. T., Musa, M., & Nathanael, G. K. (2023). Diplomasi Publik Korea Selatan Dalam Membina Hubungan Bilateral Dengan Korea Utara Tahun 2017-2020. Global Political Studies Journal, 7(1).

Cholif, U. M., & Paksi, A. K. (2022). South Korea’s Interests behind the Reactivation of IK-CEPA Negotiations with Indonesia. Insignia Journal of International Relations, 9(1), 20–36.

Dewi, R. A., & Santoso, R. B. (2022). Diplomasi Ekonomi Indonesia Terhadap Korea Selatan Dalam Indonesia-Korea Comprehensive Economic Partnership Agreement (Ik-Cepa). Indonesian Journal of International Relations, 6(2), 368–386. https://doi.org/10.32787/ijir.v6i2.386

Hesti, S. N. (2023). Perluasan pasar ekspor produk manggis ke korea selatan dengan memanfaatkan IK-CEPA pada CV A&H. JMI: Jurnal Multidisiplin Indonesia, 2(8), 2510–2521. https://jmi.rivierapublishing.id/index.php/rp

Ismail, A., & Mulyaman, D. (2018). Pendekatan Behavioralisme dan Kendala Perundingan Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA). Jurnal ISIP, 33–45.

Joisangadji, M. A., & Rasyidah, R. (2021). Diplomasi Publik Korea Selatan Melalui Kerjasama Industri Kreatif Sub Sektor Mode dengan Indonesia. Syntax Literate ; Jurnal Ilmiah Indonesia, 6(10), 5103. https://doi.org/10.36418/syntax-literate.v6i10.4261

Kim, H.-J. (2022). A study on Investment of Korean Enterprises in Indonesia and Economic Cooperation for Investment between Korea and Indonesia. Korea Association for International Commerce and Information, 24(2), 109–130. https://doi.org/10.15798/kaici.2022.24.2.109

Marghanita, C. L. (2023). Kerjasama Indonesia-Korea Selatan dalam Pengembangan Industri Kapal Selam. Jurnal Diplomasi Pertahanan, 9(2). https://doi.org/10.33172/jdp.v9i2.10824

Maulidita, S. Z. (2024). Indonesia’s Opportunities and Challenges in IK-CEPA: Bilateral Free Trade Agreement with South Korea. Insignia Journal of International Relations, 11(1), 19–35.

Moleong, L. J. (2017). Metodologi penelitian kualitatif . Remaja Rosdakarya.

Nabila Salsa Bila, & Hasna Wijayati. (2022). The Impact of IK-CEPA (Indonesia-South Korea Comprehensive Economic Partnership Agreement) for Indonesia. Formosa Journal of Sustainable Research, 1(3), 287–298. https://doi.org/10.55927/fjsr.v1i3.908

Peng Er, L. (2022). Contemporary Korea-Southeast Asian Relations. Routledge. https://doi.org/10.4324/9781003218746

Purwanto, A. (2024a). Dampak implementasi IK-CEPA Terhadap perdagangan barang dan Jasa indonesia-korea selatan. Jurnal Review Pendidikan Dan Pengajaran, 7(2), 3793–3799.

Purwanto, A. (2024b). Potensi dan Peluang Implementasi Ik-Cepa terhadap Perluasan Akses Pasar Perdagangan Barang dan Jasa Indonesia Dipasar Korea Selatan. Jurnal Syntax Admiration, 5(6), 2330–2338. https://doi.org/10.46799/jsa.v5i6.1220

Rahim, A., & Sudirman, A. (2023). South Korea’s New Southern Policy: Viewing Indonesia as a Strategic Partner through IK-CEPA. Indonesian Governance Journal, 6(1). https://doi.org/10.24905/igj.6.1.2023.1-15

Satria, Y., & Yunanto, S. (2024). Diplomasi Kerjasama Indonesia-Korea Selatan Dalam Pengadaan Alutsista (2019-2022). HUMANUS : Jurnal Sosiohumaniora Nusantara, 1(3), 485–501. https://doi.org/10.62180/mr1w1737

Setiawan, S. (2015). Dampak Perjanjian Perdagangan Barang Asean-Korea Fta (Akfta) Terhadap Indonesia Dan Korea Selatan. Kajian Ekonomi Dan Keuangan, 16(1), 30. https://doi.org/10.31685/kek.v16i1.25

Triharyanti, N., Hergianasari, P., & Nau, N. U. W. (2017). Analisis Kepentingan Ekonomi Politik Indonesia Terhadap Reaktivasi Perjanjian IK-CEPA (Indonesia-Korea Comprehensive Economic Partnership Agreement) Tahun 2019-2022. Administraus - Jurnal Ilmu Administrasi Dan Manajemen. http://ejournal.stiabinabanuabjm.ac.id/index.php/administraus

Verico, K., & Riefky, T. (2022). Bilateral trade and investment relations Analysis: Indonesia and south korea. International Journal of Business and Society, 23(2), 714–750. https://doi.org/10.33736/IJBS.4835.2022

Wambrauw, M. S. F., Buiney, M. E., & Gani, N. N. (2023). Diplomasi Indonesia Dan Korea Selatan Dalam Pembangunan Pabrik Mobil Listrik Di Indonesia. Jurnal Dinamika Global, 8(2), 233–250. https://doi.org/10.36859/jdg.v8i2.1902

Williams, T. F., & Daniah, R. (2023). Analisis Reaktivasi Perundingan Indonesia–Korea Comprehensive Economic Partnership Agreement (IK-CEPA) pada Tahun 2019. Interdependence Journal Of International Studies, 4(2).




DOI: http://dx.doi.org/10.31942/sd.v9i2.11981

Refbacks

  • There are currently no refbacks.




SOSIO DIALEKTIKA : JURNAL ILMU SOSIAL HUMANIORA IS INDEXED BY :

Google ScholarGoogle ScholarGoogle ScholarGoogle Scholar
Google Scholar
 

Alamat kami di :

Lembaga Penelitian dan Pengabdian Masyarakat (LP2M) Universitas Wahid Hasyim
JL. Menoreh Tengah X / 22, Sampangan, Kecamatan Gajahmungkur, Kota Semarang, Jawa Tengah 50236, Indonesia
Handphone: +6282325609636 (Anna Yulia Hartati, S.IP., MA.) / +6287722594299 (ari)
Email: sosiodialektika@unwahas.ac.id

View My Stats