INDONESIA LIKELY TO LIFT FABRICS IMPORT DUTY
November 3rd, 2013
The chairman of the Indonesian Textile Association (API - or Asosiasi Pertekstilan Indonesia) has welcomed a move by the Indonesian trade ministry to end restrictions on imports of cotton fabrics that have been in place since May 1, 2012.Ade Sudrajat told WTiN.com that the Indonesian textile and clothing industry has been challenged by the restrictions, which raised import duties on cotton fabrics from 2.5% to 7.5% as part of a wide range of restrictions on imports.Sudrajat said that as well as the increase in import duties, the regulations do not distinguish ...
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