ASEANEWS HEADLINE-Business | ANN: Indonesia to ease import rules ahead of US tariff deadline
Skyscrapers in Jakarta’s business district, Indonesia. PHOTO: AFP
.
WATCH VIDEO: https://www.youtube.com/watch?v=8CYsYfQmq6s
Indonesia eases import rules ahead of us tariff deadline
.
.
ANN/THE JAKARTA POST – The Indonesian government announced a set of revised import regulations aimed at improving access to certain goods and raw materials, while also removing redundant rules that industry groups have criticised as overly restrictive. This move comes ahead of the July 9 deadline for ongoing bilateral tariff talks with the United States.
Coordinating Economic Minister Airlangga Hartarto said at the press conference that deregulation, through the easing of import licensing and cutting of non-tariff barriers, is part of Jakarta’s efforts to placate Washington.
“(Deregulation) will be conducted in stages. There are measures we’ve already implemented, and others will depend on the outcome of the tariff negotiations,” Airlangga told reporters.
ADS by:
@[email protected]
The previous Trade Minister regulations No 36/2023 and 8/2024, which set conditions and quotas on many types of imports, would be nullified and replaced by “a more flexible” framework outlined in Trade Minister Regulation 16/2025 and its eight accompanying regulations tailored to specific sectors. The updated rules would take effect 60 days after the upcoming issuance.
Memento Maxima Digital Marketing
