By: AMO Lawyers
Contributors:
1. Drafted by Azizah Mutia Karim, S.H
2. Review by Noverizky Tri Putra Pasaribu S.H LL.M (Adv)
According to the International Monetary Fund, Mexico has the 15th largest nominal GDP and the 11th largest by purchasing power parity: (http://statisticstimes.com/economy/world-gdp-ranking-ppp.php). It is classified as an upper-middle income country by the World Bank, and a newly industrialized country by several analysts. The country is often identified as an emerging global power. Analysts preditcs that by 2050, Mexico could become the world’s fifth or seventh largest economy: (http://thecatalist.org/2010/03/mexico-2050-the-world%C2%B4s-fifth-largest-economy/).
One of the most important players in Mexico economy is the private business sector, with the country’s single securities market and the second largest in Latin America. Hence, there are 16 companies under Mexico private business sector which on the list of the world’s largest companies since 2008 by Forbes Global. (https://www.forbes.com/lists/2008/18/biz_2000global08_The-Global-2000-Mexico_10Rank.html)
Indonesia and Mexico established diplomatic relations since 6 April of 1953. Both nations have signed several bilateral agreements regarding education, agriculture, promotion of trade and energy cooperation. The main import commodities from Mexico to Indonesia are fertilizers, machinery, electrical equipments, flour, adaptor, cotton, tractor, and instant coffee. Meanwhile the main export commodities from Indonesia to Mexico are electrical transformator, natural rubber, machinery and electrical equipments, coal, dolls, and crude oil: (http://www.kemlu.go.id/mexicocity/id/arsip/lembar-informasi/Pages/Status-Hubungan-Bilateral-RI-Meksiko.aspx). In addition to Mexico’s embassy in Jakarta, Mexico has 2 other representations in Indonesia, including consulates in Denpasar and Yogyakarta. (https://www.embassypages.com/missions/embassy14148/)
According to the Ministry of Foreign Affairs, the trading and economic relation between both countries has always been increasing throughout the years, mainly since the establishment of liquefied natural gas export from Indonesia to Mexico. In 2014, the two-way trade between Indonesia and Mexico amounted USD1,463 billion. (http://www.gob.mx/se/)
Recognizing the huge possibilities that may arise between Mexico and Indonesia in sector of investments, trading, and privately, the Mexican Embassy decided to appoint an official law firm for Mexican Nationals and Mexican Companies in Indonesia throughout the Abogado Consultor Program (“Program”). This Program purposed is to give the legal protection for Mexican Nationals in the aspect of economy, trading, criminal, and any other legal matter in Indonesia. On 22 of December 2016, the Mexico Embassy and through Mexico Ministry of Internal Foreign Affairs has appointed AM Oktarina Counsellor at Law through one of their own, Mr Marco Kumar S.H as the only law firm that able to provide a recommendation legal service under the Program.
This program will have the period from 2016-2021. This official appointment may give abundant possibilities for economic and investment cooperation between both nations. This also ease Mexican Nationals and/or Mexican Companies, whether individuals or enterprises, to conduct any activities in Indonesia with the appropriate legal protection.
As one the most growing law firm in Indonesia, AM Oktarina Counsellor at Law honor to receive this Program award as the only law firm recommended for the Program in Indonesia. This achievement is result of strong legal team that AM Oktarina Counsellor at Law owned and also its value reputation in Indonesia.
For more detail information and further reference, you may contact us at info@amoktarina.co and n.pasaribu@amoktarina.co.