The ASEAN-China Free Trade Area (AC-FTA) poses a serious threat to numerous people`s industries in Indonesia, a students movement spokesman said here on Saturday.
"It is a serious problem that needs special management. We should not focus our attention only on acts to save a small bank like Bank Century from a difficult situation, while ignoring the security of the people`s industries at home," Indonesian National Students Movement (GMNI) Center Presidium chairman Cokro Wibowo said.<>
He made the statement to respond to the pros and cons on the implementation of AC-FTA since January 1, 2010 while the domestic people`s industries were still unprepared to face the free trade area.
"The ASEAN China-Free Trade Area including Indonesia is feared to cause a systematic de-industrialization in the country," Cokro Wibowo was quoted as saying by Antara news agency.
He said he was afraid that besides causing people`s industries in the villages to go bankrupt, the AC-FTA would in the long run also cause massive layoffs and kill business opportunities for the people at large.
"We know that before the implementation of AC-FTA, inexpensive products from China already inundated markets down to village level in Indonesia . Is this not a serious threat?", he asked.
Therefore, Cokro Wibowo on behalf of GMNI asked the government, especially the Trade Ministry and related House of Representatives` Commissions to take positive measures to enforce national economic sovereignty.
Meanwhile, Fayakhun Andriadi, a member of the Golkar faction in the House Commission-I said on a separate occasion that mismanagement in the free trade area cooperation could have a negative impact on economic growth and economic justice for the people in Indonesia.
"The AC-FTA for me is like a time bomb, because it can become a serious problem in the future," said the young politician from the Golkar party. (dar)