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The Indonesian government has laid the groundwork for trade remedies deemed necessary to protect the Domestic industry from imports Trade Ministry official Fajarini Puntodewi said at the ministry’s monthly public briefing in Jakarta on Tuesday that the legal framework for trade remedies has been updated taking into account the local downstream industry.

“We are now perfecting trade remedies, not only so that the tools can be used to protect industries affected by import spillover injuries, but also to protect downstream industries.” She was speaking at the Gambir Trade Talk.

Trade remedies are a tool designated by the government to protect domestic industries from allegations of unfair trade practices by other countries, such as excessive subsidies or dumping. Fajarini said the changes would be implemented as soon as possible and that a dedicated team was making recommendations, but did not elaborate on how the measures would be implemented. “We want to protect domestic industry, but from a macroeconomic point of view, we don’t want to cause high import tariffs,” he said. She said.

The Ministry of Trade said that the ministry is working on both production and consumption through various projects aimed at achieving price stability and food security, as well as improving domestic trade procedures. Product Development & Certification

There are also programs to empower consumers. According to Ms. Fajarini, “In terms of products, we hope that our products can compete with imported products, and the dream is to host our own country.” She explained.

In October, Government imposes anti-dumping duties on imported ceramics Following the findings, an internal investigation conducted by the Indonesian Anti-Dumping Commission (KADI), an investigative agency under the Ministry of Trade,

The measure comes in the form of special tariffs on certain ceramic products from 32 Chinese companies. said in June that trade measures It aims to protect local businesses from the influx of goods from China due to “excess capacity” and “excess supply” in that country. After Western markets increased tariffs on goods imported from China.

U.S. President Joe Biden announced in mid-May that the U.S. was imposing additional tariffs on a variety of Chinese goods, claiming that China was subsidizing certain sectors to cut prices on foreign competitors and was producing more than the world could absorb. China denies the allegations, saying its manufacturers are only working efficiently. US policy is expected to have an impact. It covers sectors such as electric vehicles, semiconductors, batteries, critical minerals, and medical products.

The Indonesian Trade Protection Board (KPPI), a separate government agency, Investigating the import of apparel, footwear, electronics, cosmetics and textiles. After industries experienced heavy unemployment this year. The agency is parsing data on incoming shipments over the past three years to determine whether the increase in imports is directly linked to job losses among Indonesians. And are import taxes the most effective solution?

 

Office Reviews

The Indonesian government is revamping trade remedial measures to protect domestic industries from dumping and foreign subsidies. It will focus on protecting both domestic and downstream industries, such as production using domestic raw materials, as well as not increasing import taxes too much so as not to affect the overall economy. Meanwhile, Indonesia has implemented anti-dumping tariffs on ceramic goods from China and is monitoring imports of goods such as apparel, footwear, electronics and cosmetics. As these industries are experiencing unemployment due to excessive imports.

Thai exporters should closely monitor changes in Indonesia’s trade remedies laws and policies. To prepare for the use of tariffs or anti-dumping measures that may occur. In addition, opportunities to adjust marketing strategies should be explored. If there is an increase in tariffs or anti-dumping measures on certain goods. Thai exporters may have to adjust their marketing strategies or find ways to reduce production costs to maintain competitiveness, as well as consider markets in other sectors that have not yet faced strict control problems.

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