South Korea's Interests behind the Reactivation of IK-CEPA Negotiations with Indonesia

  • Ulim Maidatul Cholif Universitas Muhammadiyah Yogyakarta
  • Arie Kusuma Paksi Universitas Muhammadiyah Yogyakarta

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.

Author Biography

Arie Kusuma Paksi, Universitas Muhammadiyah Yogyakarta

Department of International Relations, Faculty of Social and Political Science

References

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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: 28 nov. 2022. doi: https://doi.org/10.20884/1.ins.2022.9.1.5089.
Section
Articles

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