Friday, April 25, 2014

Issue Number: 355

2015 ASEAN Economic Community: Is Indonesia Ready?

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OVERVIEW This Indonesian Law Digest (“ILD”) is a review of the existing macro Indonesian regulatory framework from the perspective of Indonesia’s preparedness for the upcoming 2015 ASEAN Economic Community integration. Given that AEC will commence in December next year, and as the deadline approaches it can be expected that legislative activity will increase as necessity will dictate actions be taken, a discussion of this topic may be somewhat premature given the likelihood of later significant changes.  However, forecasting and giving advance consideration to relevant legal factors and likely legal development, regardless of political conditions and international relation, has  and always will be a central theme for legal practitioners as they work with the clients on strategies and risk management approaches in anticipation of likely legal changes....

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