A focus group of the Indonesian Chamber of Commerce (KADIN) has requested the government to continue the policy of protecting the local industry in light of the ongoing US-China trade dispute and an alarming increase in imports.
Non-tariff barriers can effectively protect the domestic industry, said KADIN deputy chairperson for industry Johnny Darmawan at the Non-Tariff Measures Group Discussion Forum in October.
Minister of Trade Agus Suparmanto earlier said that reducing the trade deficit is one of the tasks assigned to him by the President, adding that he will have a more selective policy towards imports as a way to improve the trade balance deficit.
For the full story, see the December 2019 edition of Textiles South East Asia. Not a subscriber? Sign up HERE