Indonesian gov't set to restrict imports of finished goods
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The Indonesian government will soon issue a new regulation to restrict imports of finished goods by general importers (traders) in a move to protect local investors in the manufacturing industry, a minister said.
Trade Minister Gita Wirjawan said in Jakarta on Friday that the regulation, which would be issued by the end of this year, was intended to support investors who had poured a large amount of investment into the domestic manufacturing sector.
The regulation may affect the importation of a wide range of products, including food and beverage, textile, automotive and electronics.
Producers would still be allowed to import finished products to support their business activities until such products could be produced at home, said Gita, who is also the chairman of the Investment Coordinating Board (BKPM).
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http://www.thejakartapost.com/news/2012/04/14/govt-set-restrict-imports-finished-goods.html
