Cross Border Trade: Strategy and Policy (Evidence from Cross-Border Trade in the Republic of Indonesia and the Republic Democratic of Timor Leste)

Abstract

Objective – This study aims to identify the appropriate strategy that can increase cross-border trade activities and policies that can be applied to reduce the negative impacts caused by parties who take advantage of cross-border trade. Methodology – The data were collected from interviews with informants and FGD. The data analysis technique is a qualitative and quantitative analysis developed within the study using EFAS, IFAS, and SWOT analysis. Findings – The study found that Indonesia and the Republic Democratic of Timor Leste (RDTL) border area have the potential and opportunity to be developed. The same cultural background causes cross-border trade interactions to occur between the two countries. Novelty – Belu Regency, as an area bordering the RDTL, has natural and economic potentials that can be developed as a center for small industrial development and a border area for cross-border trade. Type of Paper: Empirical JEL Classification: F21, F36, G15. Keywords: Cross-border; Economy; Policy; Strategy; Trade Reference to this paper should be made as follows: Amtiran, P.Y; Anabuni, A.U.T; Neno, M.S. (2022). Cross Border Trade: Strategy and Policy (Evidence from Cross-Border Trade in the Republic of Indonesia and the Republic Democratic of Timor Leste), J. Bus. Econ. Review, 7(3), 169–177. https://doi.org/10.35609/jber.2022.7.3(2)