Ambalat case hits exports<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
The ongoing dispute between Indonesia and Malaysia over the
\nAmbalat offshore oil field has affected exports from Indonesia to
\nthe neighboring country.<\/p>\n
\"The Professional Civil Society (MPM) organization has
\nreceived reports from entrepreneurs in Central Java, East Java
\nand Bali to the effect that their exports have decreased
\nfollowing the dispute. Some (of their Malaysian clients) have
\neven canceled contracts for two to three months ahead,\" MPM
\nchairman Ismed Hasan Putro said on Monday.<\/p>\n
Citing an example, he said 30 percent of some 20 furniture
\nmanufacturers in Central Java had suffered losses as a result of
\nthe cancellations. But he did not any details of the figures
\ninvolved.<\/p>\n
However, other countries, such as Japan, Taiwan and South
\nKorea, had also canceled orders for seaweed that had caused local
\nsuppliers here to suffer a 40 percent decrease in business.<\/p>\n
To avoid further losses, the MPM called on the government to
\nimmediately address the problem.<\/p>\n
Indonesian and Malaysian leaders have both pledged a peaceful
\nsettlement to the dispute, but both countries have maintained a
\nmilitary presence in the disputed area.<\/p>\n
The dispute started last month when Malaysia awarded an
\noffshore oil concession in Ambalat to an international oil
\ncompany, despite the fact that Indonesia claims Ambalat as its
\nterritory.<\/p>\n
Meanwhile, the chairman of the Indonesian Chamber of Commerce
\nand Industry (Kadin), MS Hidayat, said there had been no
\nsignificant change in Indonesia's investment climate due to the
\ndispute.<\/p>\n
\"In fact, Malaysian Minister of Foreign Affairs Syed Hamid
\nAlbar and a Malaysian delegation will visit Indonesia on March
\n22,\" he said.<\/p>\n
He added that the Malaysians were coming here to attend an
\nannual dialog with the Indonesian government -- represented by
\nMinister of Trade Mari Elka Pangestu and Kadin members -- to
\ndiscuss business issues of concern to the two countries. (004)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ambalat-case-hits-exports-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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