Proceedings of the International Seminar on Border Region (INTSOB 2023)

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The Impact of Cross Border in the ACFTA Agreement for Toy Trade SMEs

Authors
Budi Salman Farizy1, *, Geta Ilham Adi Prasetyo1, Indra Lesmana1, Patriana Purwa1, Deden Sumantry1, Rakhmat Haryono1
1Notary Masters Study Program, Universitas Pasundan, Bandung, Indonesia
*Corresponding author. Email: budisalmanfarizy@gmail.com
Corresponding Author
Budi Salman Farizy
Available Online 17 February 2024.
DOI
10.2991/978-2-38476-208-8_7How to use a DOI?
Keywords
ACFTA; Law; Micro; Small and Medium Enterprises; Import
Abstract

The ASEAN-China Free Trade Area (ACFTA) agreement aims to export and import goods with tariffs reduced to 0%. Meanwhile, exports and imports can only be carried out by prominent entrepreneurs. Traders of locally made children’s toys classified as micro, small, and medium enterprises have only been affected by the influx of toys from China due to the ACFTA. Government constraints in protecting micro, small, and medium entrepreneurs in the trade of domestically made children’s toys against the impact of the ACFTA agreement need special attention. This is due to the government’s unpreparedness in responding to ACFTA, including unpreparedness in infrastructure development in the form of markets for MSMEs and fostering procedures for exporting and importing goods for MSMEs. Obstacles also arise from entrepreneurs who need to be more open to the free market world. There needs to be a unified organization among locally made children’s toy traders to build joint ventures with prominent entrepreneurs and become producers ready to compete with local Chinese products.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Seminar on Border Region (INTSOB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
17 February 2024
ISBN
10.2991/978-2-38476-208-8_7
ISSN
2352-5398
DOI
10.2991/978-2-38476-208-8_7How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Budi Salman Farizy
AU  - Geta Ilham Adi Prasetyo
AU  - Indra Lesmana
AU  - Patriana Purwa
AU  - Deden Sumantry
AU  - Rakhmat Haryono
PY  - 2024
DA  - 2024/02/17
TI  - The Impact of Cross Border in the ACFTA Agreement for Toy Trade SMEs
BT  - Proceedings of the International Seminar on Border Region (INTSOB 2023)
PB  - Atlantis Press
SP  - 39
EP  - 46
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-208-8_7
DO  - 10.2991/978-2-38476-208-8_7
ID  - Farizy2024
ER  -