The Republic of Indonesia is the world’s largest island country. It is composed of 13,000 islands, located between the Indian and the Pacific Oceans. It is composed of more than 261 million inhabitants.
With a GDP of $932 billion in 2016, Indonesia is the first economic power in Southeast Asia. Its most important source of income comes from the energy industry (oil and natural gas), the textile industry, but also from mining and farming (tea and coffee cultivation).
Bilateral relations between France and Indonesia are in excellent shape, with notably the funding of a project with the French Development Agency (AFD) since 2007, to promote a green and sustainable growth that reaches 146 million euros. Since the signature of a bilateral agreement in 2011, bilateral trade relations increase continually.
Considering Indonesia’s economic power and its location in Asia, this country is today one of the most courted countries in the world.
On December 31th, 2015, Indonesia joined ASEAN, the Association of Southeast Asian Nations.
Commercial relations have increased since 2013, reaching 3.9bn euros in 2016, with an economic surplus amounting to 814mn euros on the part of France.
French exports towards Indonesia are dominated by the transport facilities sector (70%). Big French companies are present in Indonesia. More than 170 French economic actors employ nearly 40,000 Indonesians.
At the moment, Indonesia is France's 57th trade partner. This cooperation is meant to strengthen in the coming years.
In this context, Simon Associés entered into a strategic alliance agreement with Hutarbarat Halim & Rekan law firm, based in Jakarta.
Hutarbarat Halim & Rekan is specialized in areas such as Business law, Capital Market, Banking and Finance, Commercial Dispute ResolutionCorporate and M&AEnergy & Natural ResourcesInfrastructure Development, Manpower & Industrial Relations, Real Estate, Trade and Competition.
Hutarbarat Halim & Rekan is highly recommended for its legal skills.