Illustrative image (Source: betterwork.org) Jakarta (VNA) - The Indonesian government has imposedtemporary additional duties on imports of textiles andtextile products up to 67.7 percent, the country’s finance ministryhas said.
The fresh move is a safeguard measure to protect the domestic upstream industryfrom a recent surge in imports and encourage the use of domestic marketproducts.
The policy is regulated in three circulars - PMK 161/PMK.010/2019,PMK162/PMK.010/2019, and PMK 163/PMK.010/2019, which can be accessed on theofficial website of the ministry.
Through PMK 161/PMK.010/2019, the finance ministry has determinedtemporary additional duties for yarn products –other than sewing thread – from imported synthetic and artificial staples startingfrom 1,405 Rp (0.1 USD) a kilogram.
Meanwhile, in PMK162/PMK.010/2019, the ministry has also settemporary additional duties for imported fabric products ranging from 1,318 Rpto 9,521 Rp a meter and ad valorem rates ranging from 36.3 percent to 67.7percent.
Then, in PMK 163/PMK.010/2019, the ministry imposed temporaryadditional duties on curtains products, blinds, bed nets, and other furnitureitems imported at 41,083 Rp a kilogram.
Syarif Hidayat, the ministry’s director of international customsand inter-institutions, said on November 11 that the duties will be imposed on121 imported textile products within 200 days, starting from November 9.
Lately, Indonesia has seen a jump in imports of textiles andtextile products. The Indonesian Trade Safeguard Committee recently launched aninvestigation into the upturn in fabric imports after a complaint was filed bythe Indonesian Textile Association.
From the preliminary evidence put forward in the complainant, thecommittee found a sharp increase in fabric imports. Moreover, there was apreliminary indication of serious damage or potentially serious damage to thedomestic industry./.
VNA
