Businesses welcome import policy revision


Daily struggle: People buy chili peppers at a traditional market in Surabaya. Surging imports had weakened industries in Indonesia. — AFP

JAKARTA: Several businesses have welcomed a government plan to revise the country’s import policies less than a year after the latest amendment was introduced in May last year, a move deemed necessary amid struggling local industries, factory closures and sweeping layoffs.

The revision would target a Trade Ministerial Regulation, which removed the need for technical approvals when importing goods in certain sectors.

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Indonesia , trade , import , regulation

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