1. Economics of global trade and finance
Shah Aafreen Mohammed amin, roll no-95
,MCOM-1(business management)
2. ASEAN Regional Forum (ARF), the first
regionwide Asia-Pacific multilateral forum for
official consultations on peace and security
issues.
The ARF is a key forum for security dialogue
in Asia, complementing the various bilateral
alliances and dialogues.
It provides a setting in which members can
discuss current regional security issues and
develop cooperative measures to enhance
peace and security in the region
3. At present, ARF has 27 member states. These
include the 10 ASEAN member countries
(Brunei Darussalam, Cambodia, Indonesia,
Laos, Malaysia, Myanmar, Philippines,
Singapore, Thailand and Vietnam); the 10
ASEAN Dialogue Partners (Australia, Canada,
China, EU, India, Japan, ROK, New Zealand,
Russia and United States of America); and 7
other countries, namely, Bangladesh, DPRK,
Mongolia, Pakistan, Papua New Guinea, Timor
Leste and Sri Lanka
4. Hello
Apa kabar-how are u
Selamat pagi-good morning
Selamat siang- good afternoon
Selamat sore-good evening
Selamat malam-good night
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11. Indonesia is expected to grow on average 6.5% in the coming years. This
is relatively low compared to the average of other Asian countries but
relatively high compared to the global average of 3.7%
Because of its own economic growth and that of its main trading
partners, Indonesia's exports are expected to grow 15.2% annually to US$
469 bn in 2017,
making Indonesia the 21st largest exporter worldwide. Similarly, import
demand will grow with an average of 18.4% per year to US$ 487 bn in
2017,
meaning that Indonesia will take the 20th position on the global list of
largest importers. By 2017
Indonesia will mainly import fuels, industrial machinery and chemicals,
which together account for 45% of total imports of Indonesia. Similarly,
Indonesia's exports will mainly consist of fuels, basic food and ores &
metals. Together these products will represent 62% of total exports in
2017. By 2017, Indonesia will mainly import products from Singapore,
China and South Korea,
which together account for 51% of total imports of Indonesia. Indonesia's
main export markets will be China, Japan and Singapore. Together these
countries will account for 41% of total exports in 2017.
12. If Indonesia is to contribute to the Asian century, it must
first put its own house in order. And to assume a
potential leadership role in the region and globally,
Indonesia needs to develop its political institutions,
secure an ‘ocean-focused’ development strategy that
complements its status as an archipelagic nation,
become a real champion of regional and global
cooperation, and create a well-educated and
competitive workforce and labour market
13. Indonesia needs to develop a more cooperative
stance and transform its traditional diplomatic
approach to a more pluralistic one.
Indonesia needs to build a stronger relationship
between domestic actors if it is to strengthen its
position in ARF. It could also develop a foreign
policy forum where government and non-state
actors can debate and clarify their position in
ARF.
Indonesia is well placed to persuade other ARF
countries to maintain the organisation’s unity
when dealing with intra-regional issues, and
when dealing with external partners.