Business ministry goals to create certainty for traders, assist native producers
PUBLISHED : 9 Apr 2024 at 21:13
JAKARTA – The Indonesian trade ministry has issued a regulation proscribing imports of digital items together with air conditioners, fridges and laptop computer computer systems, a transfer it mentioned aimed to enhance funding certainty.
The transfer follows a regulation late final yr by Southeast Asia’s greatest economic system tightening the monitoring of many imported items, from meals substances and digital gadgets to chemical substances.
Authorities mentioned the regulation, dated Feb 1 however introduced on Monday, was issued in response to complaints from enterprise associations concerning the impression on native markets of an inflow of imported items.
The purpose was to develop the home electronics sector, it mentioned. Sure merchandise would require import permits and a surveyor’s report, it mentioned.
“This regulation doesn’t imply that the federal government is anti-import, however reasonably maintains a conducive home industrial enterprise local weather, particularly for merchandise which have been produced domestically,” mentioned Priyadi Arie Nugroho, an trade ministry official, in an announcement.
Priyadi mentioned that in 2023, Indonesia’s electrical and digital items trade produced 1.2 million items of air conditioners, whereas it has put in capability of two.7 million items. The nation imported 3.8 million AC items final yr.
