Insignia: Journal of International Relations
Vol 9 No 1 (2022): April 2022

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)



Article Info

Publish Date
11 Apr 2022

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.

Copyrights © 2022






Journal Info

Abbrev

insignia

Publisher

Subject

Arts Humanities

Description

Insignia Journal of International Relations is published biannually (April & November) by Laboratorium of International Relations, Faculty of Social and Political Sciences, Jenderal Soedirman University. This journal contains articles or publications from all issues of International Relations such ...