The reason is, he explained, the law confers many special authorities to Jakarta city in the field of trade.
The law was approved at a plenary meeting of the House of Representatives (DPR).
"We have a high expectation for Jakarta to be the world's trade center as the authority has been given, and not just maintain Jakarta's position as Indonesia's trade center," Diantoro said.
At a Merdeka Barat 9 Forum entitled "DKJ Law: The Future of Jakarta Post-Capital City," he explained that with its capital city special region (DKI) status, Jakarta has transformed into a city with a developed trade and economy sector.
The city contributes 17 percent to the national gross domestic product (GDP), he highlighted.
For this reason, he said, when Jakarta no longer holds the status of DKI and becomes DKJ, it will still be a special province with a developed trade center.
In the DKJ Law, he pointed out, the government and the House have given many special authorities to Jakarta in trade, including the authority to license and register companies in the field of trade, export, and standardization of consumer protection.
Diantoro said that the sub-field of company licensing and registration includes the issuance of business licenses for trading hazardous materials and shopping centers.
Moreover, the export development sub-field includes organizing export product campaigns or promotions on a national and international scale.
The consumer protection standardization sub-field includes standard verification as well as education in legal metrology and the supervision of imports through Customs.
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Translator: Agatha V, Kenzu
Editor: Azis Kurmala
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