MITS is a multi-disciplinary graduate programme in International Trade Studies which is initiated and developed under WTO Chairs Programme (WCP) UGM Indonesia. WCP is a programme introduced by The Institute for Training and Technical Cooperation (ITTC) WTO in 2010 to enhance capacities of developing countries academic institutes in trade studies, particularly in academic, research and outreach activities. MITS is currently administered under Graduate Program in International Relations, Faculty of Social and Political Sciences, UGM, as one of its academic program. It however comprises faculty members originated from diverse academic backgrounds, ranging from Faculty of Law, Faculty of Social and Political Sciences, Faculty of Agricultural Engineering, Faculty of Agriculture to Faculty of Economics and Business.

Case Studies: Privatization of Petroleo Brasileiro S.A

On this weekly discussion, CWTS UGM invited a student from IR UGM, Hardya Pranadipa, who also an research assistant at Institute of International Studies (IIS) and Sociedad Indonesia Para América Latina (SIPAL). The appointed topic is still discuss about oil and gas sector, yet, Hardya took the case studies about liberalization of national oil company by Brazil government.

Hardya explained that petroleum and gas industry in Latin America has been started since1920 in Argentina. This moment were remarked by the creating of Yascimientos Petroliferos Fiscales (YPF). The background behind the establishment of energy companies was the will from every country to fulfil the energy need as independently.