Prospects for a closer relationship with Indonesia after Brexit

Author
Jacqueline Hicks
Content Type
Policy Brief
Institution
Asia Research Institute, University of Nottingham
Abstract
As the United Kingdom considers post-Brexit trade opportunities outside the European Union, this briefing looks at the potential for greater cooperation with Indonesia. It finds that there are some sectoral and trade and investment opportunities between the two countries. Developing a long-term strategy that signals commitment is key to participation in Indonesia’s promising growth trajectory. The UK can mitigate its reduced bargaining power outside the EU by providing targeted, practical trade facilitation measures in exchange for increased investment opportunities. Becoming an agile and dynamic economic partner in comparison with the EU’s bureaucratic approach chimes well with the small business background of Indonesia’s President Widodo.
Topic
International Cooperation, European Union, Economic growth, Trade, Trade Policy
Political Geography
Britain, United Kingdom, Indonesia, Asia