Jokowi signs Government Law on Trade through Electronic System
Jakarta, Dec. 4 -- President Joko Widodo (Jokowi) signed Government Law No. 80 in 2019 on Trade through Electronic System on November 20.
The rationale behind this Government Law, as cited from the cabinet secretariat official website, setkab.go.id, in Jakarta on Wednesday, is to materialize provisions of Article 66 of Law Number 7 of 2014 on Trade.
"Trading through the Electronic System, hereinafter abbreviated as PMSE, is trade for which transactions are conducted through a series of electronic devices and procedures," according to article 1, paragraph 2 of the Law.
The law stipulates that in conducting PMSE, the parties must focus on the principles of good faith, prudence, transparency, trustworthiness, accountability, balance, fair...
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