JAKARTA (Reuters) – Indonesia will impose safeguard duties of 100% to 200% on imports starting from shoes to ceramics, reviving a notion to present protection to home industries, the alternate minister stated.
The deliberate import duties reasonable more than 100%, Trade Minister Zulkifli Hasan told newshounds on Friday. “If we’re flooded with (imported items), our micro, shrimp and medium enterprises would possibly perhaps presumably perhaps give way.”
Southeast Asia’s finest economic system issued a regulation gradual closing year to tighten monitoring for more than 3,000 imported items, from meals components to electronics to chemical compounds.
On the opposite hand, the regulation used to be reversed after home industry stated it hindered the float of imported materials valuable by home industry.
Obligations will possible be imposed rapidly and would possibly perhaps presumably perhaps affect imports of shoes, clothing, textiles, cosmetics and ceramics, Zulkifli stated.
The Indonesian Trade Safeguards Committee is investigating to search out out accountability charges, senior alternate ministry legitimate Budi Santoso stated on Saturday.
Indonesia primarily imports apparel and clothing tools from China, Vietnam and Bangladesh, data from the statistics bureau notify.
