The Government Would Make Relaxation of Policy to Palm Oil, Coal, and Rattan

The Government Would Make Relaxation of Policy to Palm Oil, Coal, and Rattan

InfoSAWIT, JAKARTA – To solve the deficit of trade balance, the government through Ministry of Trade decided to evaluate the commerce policy. It was told by Secretary of Trade, Enggartiasto Lukita in  the press conference with Coordinator Minister in Economy, Darmin Nasiution; Minister of Treasury, Sri Mulyani; and Minister of Industry, Airlangga Hartarto in the office of Ministry of Treasury in Jakarta, Wednesday (5/9). “To solve the trade balance deficit and control the import, the commerce would be re-regulated,” he said in the official statement to InfoSAWIT.

For some strategic export commodities, the government would do relaxation of export policy. The commodities that would get the impact are coal, palm oil, and the forest products, such as, rattan.

Enggartiasto also explained, Ministry of Trade would regulate some obliged import commodities through Pusat Logistik Berikat (PLB), they are, iron steel, alcoholic drinks, tyre, and other particular products.

Besides the Ministry of Trade would review some imported consumption goods which were in free commerce to be regulated. “They are not the materials for the domestic industrial needs. Minister of Trade would increase the monitoring system to the quality and the adjustment of sanitation and phitosanitation standard to the imports,” he said.

The other things to do are that Ministry of Trade would support the optimization and accuracy from the export exchange. Ministry of Trade would evaluate the regulation, Permendag Nomor 4 / 2015 jo Nomor 67 2015about the Letter Of Credit (L/C) to some particular exported goods, such as, the natural resource products. This is done to empower the implementation and the sanction monitoring, and the implementation of L/C monitoring, and the revision of tariff post. “By obliging the L/C system, it is hoped, the export of natural resource commodities could be back to our country,” Enggartiasto explained. (T2)


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