South Korea's Interests behind the Reactivation of IK-CEPA Negotiations with Indonesia
Abstract
Indonesia-Korea Comprehensive Economic Agreement Partnership (IK-CEPA) is a lengthy bilateral agreement. Negotiations were terminated in 2014 due to a discrepancy in the agreement between the Korean and Indonesian governments. Then, in 2018, Korea agreed to reactivate the IK-CEPA agreement in response to the Indonesian government's request. This paper analyzes the reasons behind South Korea's foreign policy in deciding to reactivate the IK-CEPA. The author uses the concept of National Interest to identify Korean foreign policy decision-making. A qualitative descriptive approach is used to uncover data about the phenomena. The author examines data from books, journals, government data, and reliable online articles. Then, summarize and evaluate all the relevant facts. Research shows that Korea's policy to reactivate the IK-CEPA agreement is based on South Korea‘s desire to achieve a trade surplus while expanding investment finance in Indonesia.
References
Book
Mas’oed, M. (1990). Ilmu Hubungan Internasional : Disiplin dan Metodologi. (p. xi + 371 hlm).
Burchill, S. (2005). The National Interest in International Relations Theory. New York: PALGRAVE MACMILLAN.
Morgenthau, H. J. (1949, Spring). The Primacy of the National Interest. The American Scholar, 18(2), pp. 207-212. Retrieved from https://www.jstor.org/stable/41205156
Dae-Chang, K. (2013). The 40th Anniversary of Economic Relations Between Korea and Indonesia. Korea's Economy. Retrieved from https://keia.org/wp-content/uploads/2020/05/koreaseconomy_2013_chapter6.pdf
Zongyi, L. (2013). The Concept of National Interests. China’s Diplomacy, 121. DOI:https://doi.org/10.1142/9781938134395_0003
Journal
Abdullah, R. (2016, December). Analysis of Trade in Goods between Indonesia and South Korea on Cooperation Forum IK-CEPA. Journal of Economics and Behavioral Studies, 8(6), 171-182.
Afriantari, R., & Putri, C. Y. (2017, Desember). Kerjasama Indonesia dan Korea Selatan dalam Pengembangan Sektor Industri Kreatif di Indonesia. TRANSBORDERS: International Relations Journal, 1(1), 61-81. DOI: http://dx.doi.org/10.23969/transborders.v1i1.754
Ismail , A., & Mulyaman, D. (2018, July). Pendekatan Behavioralisme dan Kendala Perundingan IK-CEPA. Jurnal ISIP : Jurnal Ilmu Sosial dan Ilmu Politik, 15(2), 33-42. DOI:http://dx.doi.org/10.36451/j.isip.v15i2.17
Kiyono, K. (1969). A Study on the Concept of The National Interest of Hans J. Morgenthau: as The Standard of American Foreign Policy. NAOSITE: Nagasaki University's Academic Output SITE Title. Retrieved from http://hdl.handle.net/10069/27783
Liu, Z. (2013). The concept of national interests. China’s Diplomacy: Theory and Practice, 121–189. https://doi.org/10.1142/9781938134395_0003
Nassaji, H. (2015). Qualitative and descriptive research: Data type versus data analysis. Language Teaching Research, 19, 129 –132. Retrieved from DOI 10.1177/1362168815572747
Nye, J. S. (1999, Jul-Aug). Redefining the National Interest. 78(4), 22-35. DOI:https://doi.org/10.2307/20049361
Pujayanti, A. (2019, December). Potensi Dan Tantangan Kerja Sama Ekonomi Indonesia-Korea Selatan. Info Singkat : Kajian Singkat Terhadap Isu Aktual Dan Strategis, XI. Retrieved from https://berkas.dpr.go.id/puslit/files/info_singkat/Info%20Singkat-XI-23-I-P3DI-Desember-2019-179.pdf
Rompas, R. P. (2019, September). Hubungan Dagang Internasional Indonesia dan Korea Selatan, 2011-2016. Calyptra: Jurnal Ilmiah Mahasiswa Universitas Surabaya, VIII(1). Retrieved from https://journal.ubaya.ac.id/index.php/jimus/article/view/3860
Syarief, M. N. (2016). Kerjasama Indonesia - Korea Selatan di Bidang Manufaktur. Retrieved from https://core.ac.uk/download/pdf/77627758.pdf
Tiara, A. C. (2017). Faktor-faktor yang memengaruhi terhentinya perundingan Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) di tahun 2014. 91–102. http://hdl.handle.net/123456789/6398
Wibisono, B. A. (2017). Penurunan Perdagangan Bilateral Indonesia- Korea Selatan dalam Kerjasama Working Level Task Force Meeting (WLTFM). eJournal Ilmu Hubungan Internasional, V(4).
Newspaper Article: Online
Directorate General of International Trade. (2020, December 18). Indonesia-Korea CEPA: A New Landmark of Indonesia-Korea Bilateral Trade Relation. Retrieved from http://ditjenppi.kemendag.go.id/index.php/berita/detail/indonesiakorea-cepa-tonggak-baru-hubungan-ekonomi-bilateral-kedua-negara
Embassy of The Republic of Indonesia in Seoul. (2021). Country Profile and Bilateral Relationship. Retrieved from https://kemlu.go.id/seoul/en/pages/hubungan_bilateral/558/etc-menu
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Ika. (2013, May 20). Strategi Ekspor Bawa Kemajuan Perekonomian Korea Selatan. Retrieved from https://ugm.ac.id/id/berita/7760-strategi-ekspor-bawa-kemajuan-perekonomian-korea-selatan
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Ministry of Industry. (2014, October 7). Kelanjutan Perundingan Tersendat. Retrieved from https://kemenperin.go.id/artikel/10177/Kelanjutan-Perundingan-Tersendat
Ministry of Investment. (2021). Indonesia Tandatangani Kesepakatan Bisnis Rp 91,7 Triliun dengan Korsel. Retrieved from https://www.bkpm.go.id/id/publikasi/detail/berita/indonesia-tandatangani-kesepakatan-bisnis-rp-917-triliun-dengan-korsel
Ministry of Trade. (2019, March 29). Indonesia-Korea Comprehensive Economic Partnership Agreement. Retrieved from http://ditjenppi.kemendag.go.id/index.php/bilateral/asia-selatan-tengah-dan-timur
Ministry of Trade. (2021). Country Profile and Bilateral Relationship. Retrieved from https://kemlu.go.id/seoul/en/pages/hubungan_bilateral/558/etc-menu
Nurlaili, N. K., & Linggarwati, T. (2020). The Impact of Korea’s New Southern Policy on The Political Economy Cooperation Between Indonesia and South Korea. 189-194. UNSOED Press.
Rahayu, A. I. (2019, November 25). Indonesia-South Korea CEPA is officially concluded. Retrieved from https://www.trade-off.id/2019/11/25/indonesia-south-korea-cepa-is-officially-concluded/
Rahman, D. F. (2020, December 18). Indonesia, South Korea sign CEPA to boost trade, investment. Retrieved from https://www.thejakartapost.com/news/2020/12/18/indonesia-south-korea-sign-cepa-to-boost-trade-investment.html
Setiyo. (2016, February 25). Perekonomian Korea Selatan: antara data dan realita. Retrieved from https://www.ajarekonomi.com/2016/02/perekonomian-korea-selatan-antara-data.html
Statista. (2021, April 7). Inward investment flows from South Korea to Indonesia 2014-2019. (Statista Research Department) Retrieved from https://www.statista.com/statistics/1086074/indonesia-inward-investment-flows-from-south-korea/
Straits times. (2018, September 11). South Korea, Indonesia pledge to boost economic ties, people-to-people exchanges. Retrieved from https://www.straitstimes.com/asia/east-asia/south-korea-indonesia-pledge-to-boost-economic-ties-people-to-people-exchanges
The economic times. (2007, July 24). Indonesia, S Korea cooperate. Retrieved from https://economictimes.indiatimes.com/news/international/indonesia-s-korea-cooperate/articleshow/2230689.cms
Trading economics. (2021). Indonesia Exports to South Korea. Retrieved from https://tradingeconomics.com/indonesia/exports-to-south-korea
Trading economics. (2021, June). South Korea exports to Indonesia. Retrieved from https://tradingeconomics.com/south-korea/exports/indonesia
Mas’oed, M. (1990). Ilmu Hubungan Internasional : Disiplin dan Metodologi. (p. xi + 371 hlm).
Burchill, S. (2005). The National Interest in International Relations Theory. New York: PALGRAVE MACMILLAN.
Morgenthau, H. J. (1949, Spring). The Primacy of the National Interest. The American Scholar, 18(2), pp. 207-212. Retrieved from https://www.jstor.org/stable/41205156
Dae-Chang, K. (2013). The 40th Anniversary of Economic Relations Between Korea and Indonesia. Korea's Economy. Retrieved from https://keia.org/wp-content/uploads/2020/05/koreaseconomy_2013_chapter6.pdf
Zongyi, L. (2013). The Concept of National Interests. China’s Diplomacy, 121. DOI:https://doi.org/10.1142/9781938134395_0003
Journal
Abdullah, R. (2016, December). Analysis of Trade in Goods between Indonesia and South Korea on Cooperation Forum IK-CEPA. Journal of Economics and Behavioral Studies, 8(6), 171-182.
Afriantari, R., & Putri, C. Y. (2017, Desember). Kerjasama Indonesia dan Korea Selatan dalam Pengembangan Sektor Industri Kreatif di Indonesia. TRANSBORDERS: International Relations Journal, 1(1), 61-81. DOI: http://dx.doi.org/10.23969/transborders.v1i1.754
Ismail , A., & Mulyaman, D. (2018, July). Pendekatan Behavioralisme dan Kendala Perundingan IK-CEPA. Jurnal ISIP : Jurnal Ilmu Sosial dan Ilmu Politik, 15(2), 33-42. DOI:http://dx.doi.org/10.36451/j.isip.v15i2.17
Kiyono, K. (1969). A Study on the Concept of The National Interest of Hans J. Morgenthau: as The Standard of American Foreign Policy. NAOSITE: Nagasaki University's Academic Output SITE Title. Retrieved from http://hdl.handle.net/10069/27783
Liu, Z. (2013). The concept of national interests. China’s Diplomacy: Theory and Practice, 121–189. https://doi.org/10.1142/9781938134395_0003
Nassaji, H. (2015). Qualitative and descriptive research: Data type versus data analysis. Language Teaching Research, 19, 129 –132. Retrieved from DOI 10.1177/1362168815572747
Nye, J. S. (1999, Jul-Aug). Redefining the National Interest. 78(4), 22-35. DOI:https://doi.org/10.2307/20049361
Pujayanti, A. (2019, December). Potensi Dan Tantangan Kerja Sama Ekonomi Indonesia-Korea Selatan. Info Singkat : Kajian Singkat Terhadap Isu Aktual Dan Strategis, XI. Retrieved from https://berkas.dpr.go.id/puslit/files/info_singkat/Info%20Singkat-XI-23-I-P3DI-Desember-2019-179.pdf
Rompas, R. P. (2019, September). Hubungan Dagang Internasional Indonesia dan Korea Selatan, 2011-2016. Calyptra: Jurnal Ilmiah Mahasiswa Universitas Surabaya, VIII(1). Retrieved from https://journal.ubaya.ac.id/index.php/jimus/article/view/3860
Syarief, M. N. (2016). Kerjasama Indonesia - Korea Selatan di Bidang Manufaktur. Retrieved from https://core.ac.uk/download/pdf/77627758.pdf
Tiara, A. C. (2017). Faktor-faktor yang memengaruhi terhentinya perundingan Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) di tahun 2014. 91–102. http://hdl.handle.net/123456789/6398
Wibisono, B. A. (2017). Penurunan Perdagangan Bilateral Indonesia- Korea Selatan dalam Kerjasama Working Level Task Force Meeting (WLTFM). eJournal Ilmu Hubungan Internasional, V(4).
Newspaper Article: Online
Directorate General of International Trade. (2020, December 18). Indonesia-Korea CEPA: A New Landmark of Indonesia-Korea Bilateral Trade Relation. Retrieved from http://ditjenppi.kemendag.go.id/index.php/berita/detail/indonesiakorea-cepa-tonggak-baru-hubungan-ekonomi-bilateral-kedua-negara
Embassy of The Republic of Indonesia in Seoul. (2021). Country Profile and Bilateral Relationship. Retrieved from https://kemlu.go.id/seoul/en/pages/hubungan_bilateral/558/etc-menu
Haryanti, D. (2014, September 9). IK-CEPA: Indonesia Defensif dalam Perundingan dengan Korsel. Retrieved from https://ekonomi.bisnis.com/read/20140909/257/256111/ik-cepa-indonesia-defensif-dalam-perundingan-dengan-korsel
Ika. (2013, May 20). Strategi Ekspor Bawa Kemajuan Perekonomian Korea Selatan. Retrieved from https://ugm.ac.id/id/berita/7760-strategi-ekspor-bawa-kemajuan-perekonomian-korea-selatan
Katadata. (2018, September). Berapa Nilai Perdagangan Indonesia dengan Korea Selatan? Retrieved from https://databoks.katadata.co.id/datapublish/2018/09/12/berapa-nilai-perdagangan-indonesia-dengan-korea-selatan
Ministry of Industry. (2014, October 7). Kelanjutan Perundingan Tersendat. Retrieved from https://kemenperin.go.id/artikel/10177/Kelanjutan-Perundingan-Tersendat
Ministry of Investment. (2021). Indonesia Tandatangani Kesepakatan Bisnis Rp 91,7 Triliun dengan Korsel. Retrieved from https://www.bkpm.go.id/id/publikasi/detail/berita/indonesia-tandatangani-kesepakatan-bisnis-rp-917-triliun-dengan-korsel
Ministry of Trade. (2019, March 29). Indonesia-Korea Comprehensive Economic Partnership Agreement. Retrieved from http://ditjenppi.kemendag.go.id/index.php/bilateral/asia-selatan-tengah-dan-timur
Ministry of Trade. (2021). Country Profile and Bilateral Relationship. Retrieved from https://kemlu.go.id/seoul/en/pages/hubungan_bilateral/558/etc-menu
Nurlaili, N. K., & Linggarwati, T. (2020). The Impact of Korea’s New Southern Policy on The Political Economy Cooperation Between Indonesia and South Korea. 189-194. UNSOED Press.
Rahayu, A. I. (2019, November 25). Indonesia-South Korea CEPA is officially concluded. Retrieved from https://www.trade-off.id/2019/11/25/indonesia-south-korea-cepa-is-officially-concluded/
Rahman, D. F. (2020, December 18). Indonesia, South Korea sign CEPA to boost trade, investment. Retrieved from https://www.thejakartapost.com/news/2020/12/18/indonesia-south-korea-sign-cepa-to-boost-trade-investment.html
Setiyo. (2016, February 25). Perekonomian Korea Selatan: antara data dan realita. Retrieved from https://www.ajarekonomi.com/2016/02/perekonomian-korea-selatan-antara-data.html
Statista. (2021, April 7). Inward investment flows from South Korea to Indonesia 2014-2019. (Statista Research Department) Retrieved from https://www.statista.com/statistics/1086074/indonesia-inward-investment-flows-from-south-korea/
Straits times. (2018, September 11). South Korea, Indonesia pledge to boost economic ties, people-to-people exchanges. Retrieved from https://www.straitstimes.com/asia/east-asia/south-korea-indonesia-pledge-to-boost-economic-ties-people-to-people-exchanges
The economic times. (2007, July 24). Indonesia, S Korea cooperate. Retrieved from https://economictimes.indiatimes.com/news/international/indonesia-s-korea-cooperate/articleshow/2230689.cms
Trading economics. (2021). Indonesia Exports to South Korea. Retrieved from https://tradingeconomics.com/indonesia/exports-to-south-korea
Trading economics. (2021, June). South Korea exports to Indonesia. Retrieved from https://tradingeconomics.com/south-korea/exports/indonesia
Published
2022-04-11
How to Cite
CHOLIF, Ulim Maidatul; PAKSI, Arie Kusuma.
South Korea's Interests behind the Reactivation of IK-CEPA Negotiations with Indonesia.
Insignia: Journal of International Relations, [S.l.], v. 9, n. 1, p. 20-36, apr. 2022.
ISSN 2597-9868.
Available at: <http://jos.unsoed.ac.id/index.php/insignia/article/view/5089>. Date accessed: 25 apr. 2024.
doi: https://doi.org/10.20884/1.ins.2022.9.1.5089.
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