The Asean-China Free Trade Agreement (ACFTA) has just been effective on 1 January 2010, and in only three weeks the number of containers carrying goods from China that arrived at the Jakarta port have reached 12,359, an increase of 33.33 % compared to similar period last year.
Pos Kota quoted a Public Relations Officer of the Jakarta port authority as saying that this number is larger than the number of containers that carry goods exported from Indonesia to China during same period which only totaled 9,276.
A member of the People's Representative Council was quoted as saying that the ACFTA is unfair for Indonesia, because the Chinese government provide subsidy for their products making their selling prices much lower than ours. He urged the government to renegotiate the agreement so as to enable our industry prepare themselves. Besides, the Chinese goods must be according to the Indonesian National Standard and bear labels written in Indonesian language.
If this go on uninterrupted, our industries would not be able to compete with much cheaper Chinese goods, and sooner or later they'll be forced to stop production and change business into importing and trading Chinese goods which would be easier and profitable. Their workers would loose their jobs and the number of unemployment would increase drastically.
Considering the above fact, I hope that the government would do its best to renegotiate the terms and conditions of the ACFTA, among others by postponing for at least three years so as to enable our industry prepare themselves to compete with cheaper Chinese products.