LEGAL ASPECTS AND POLICIES FOR INDONESIAN SMEs AFTER THE OMNIBUS LAW-CHALLENGES IN THE REGIONAL FREE TRADE

Juvelin Rezara

doi:10.33331/ilj.v14i2.75

Juvelin Rezara Southwest University of Political Science and Law (SWUPL)

DOI: https://doi.org/10.33331/ilj.v14i2.75

Keywords: Legal Aspects, Indonesia, Challenges, SMEs, Investment policies, FTA

Abstract

As an active developing country, the Republic of Indonesia plays a mammoth role in regional economic cooperation, inter alia, bilateral Free Trade Agreement, Free Trade under the ASEAN Economic Community (AEC), and even in the Regional Comprehensive Economic Partnership (RCEP). After enacting the omnibus law in 2007, the country has highlighted the protection and enhancement of the Small and Medium Enterprises (SEMs) environment. Nonetheless, the weak performance of SMEs and myriad FTAs in the country relatively generate confusing challenges. Hence, the purpose of the study is to analyse the Challenges of legal policies for SMEs to evoke a clear understanding for incoming improvement. Regarding the expected result of this study, the research was based empirically on analysis of primary and secondary data with considering surveys reported by some authors. Based on the finds, this paper examines holistically the treatment of SMEs under domestic regulations related to SMEs` regulations under regional FTAs, and further to Challenges of SMEs in Indonesia in the regional Free Trade despite the enactment of the Omnibus law and other legal aspects. Expressly the research found the challenges are arisen due to volatility of domestic system and regional (international) issues.

Author Biography

Juvelin Rezara, Southwest University of Political Science and Law (SWUPL)

JUVELIN Rezara, University Address : CHINA, CHONGQING CITY, BEIBEI District, Chongqing
University of Political Science and Law. E-mail: jruvelin10@gmail.com.
I am from Madagascar; I have been started learning Law since 2013 in Madagascar, TOLIARA province, at TOLIARA University, Faculty of “DEGS”, Department of Law. My undergraduate and Master of public law were done there in the late 2017. I was very interested in international law researches, which is reason why I applied to carry out my PHD of international law in China now on; it is supposed to finish altogether within couple of years. In addition, my PHD research area concerns international law disputes. Hence, the paper
awarded by the Indonesia government entitled on “Settlement of territorial Disputes in the perspective of international law and other Aspects” presents to me a great challenge, and broad occasions how I could internationally share my experiences and perspectives about international public law rules.