spot_img
spot_img
Bruckner Textile Machinery
Ready To Show textile and Fashion Expo
spot_img

Jakarta plans temporary duties on textile product imports

Indonesia is mulling over a plan to impose temporary additional duties on imports of textile and textile products (TPT) as a safeguard measure to protect the domestic upstream industry from a recent surge in imports. The government has identified 121 products, including yarn and curtain fabric, which would be subject to the safeguard measure, a top official said.
As the country witnessed a recent surge in TPT imports, the government is considering imposing a safeguard measure, said the finance ministry’s fiscal policy head Suahasil Nazara in Jakarta early this week.
The move was taken after the government imposed anti-dumping duties for polyester staple fibre imports from India, China and Taiwan as well as Chinese imports of spin-drawn yarn following an investigation by the Indonesian Anti-dumping Committee (KADI). The duties became effective in early August and will continue for three years.
Nazara said detailed discussions on the safeguard measure would be held on October 17 to determine the rates, among other things, following a quick assessment by the trade ministry, according to an Indonesian media report.
The Indonesian Trade Safeguard Committee (KPPI) recently launched an investigation into the upturn in fabric imports after a complaint was filed by the Indonesian Textile Association (API).
“From the preliminary evidence put forward [in the complainant], KPPI found a sharp increase in fabric imports. Moreover, there was a preliminary indication of serious damage or potentially serious damage to the domestic industry due to the sharp increase in import volume,” KPPI head Mardjoko said in a recent statement.
The volume of fabric imports rose from 238.22 tonnes in 2016 to 413.81 tonnes last year, according to Statistics Indonesia (BPS) data.
Similar investigations have also been undertaken by the KPPI for staple synthetic and artificial yarns since September as well as for curtain fabrics since June, among other products.

 

Also Read: Indonesia to tighten textile import rules

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

YKK Unveils Innovative Zipper to Boost Garment Recycling

NATULON Plus® with Recycled PET Open Parts to be...

EURATEX and AMITH Sign Memorandum of Understanding to Strengthen Euro-Mediterranean Partnership in the Textiles industry

Today, EURATEX (the European Apparel and Textile Confederation) and...

The Belgian Textile Industry in 2023: Stability Amid Challenges

Turnover Holds Steady Despite Declines in Volume In 2023, the...

Reju Opens Regeneration Hub Zero, Its First Textile-to-Textile Hub, in Frankfurt, Germany

Reju™, the progressive textile to textile regeneration company has...

CARBIOS Appoints Tommy Maussin as Chief Marketing Officer

CARBIOS, (Euronext Growth Paris: ALCRB), a pioneer in the...

Uzbekistan and Poland Discuss Expanding Textile and Technology Collaboration

A delegation from Uzbekistan, comprising representatives from the Ministry...

Danish Company NewRetex Develops Fully Automated Sorting System for Textile Waste

NewRetex launches a ground-breaking, fully automated sorting system for...
×