Wed, 20 Jan 2010
Jakarta (ANTARA News) - The government will turn on an early warning system it has prepared in case there are indications of excessive imports of commodities resulting from the free trade agreements, a chief minister said.

"There will be an early warning if sharp increases occur to cause an injury or a negative effect ," Coordinating Minister for Economic Affairs Hatta Radjasa said here on Tuesday.

He said so far there had been no sharp hikes in imports following the implementation of free trade agreements including the Asean-China Free Trade Agreement.

He said the implementation of the free trade agreements must not be seen from the negative side only namely that it would increase inflows of products from abroad but also from the positive side.

"The free trade agreements will also increase the trade volume. This must be pushed forward for the sake of national interests. This is what we have to prepare," he said.

Finance minister Sri Mulyani meanwhile said that her office and other offices concerned would jointly conduct an analysis of the trends to see the correlation between the incoming goods and the implementation of the free trade agreements or others.

"We will see its correlation with layoffs, industrial development and others," she said.
She said efforts continued to be made with regard to the implementation of free trade agreements such as producing policies for improving competitive power.

Trade minister Mari Pangestu said various security measures had been made with regard to the implementation of free trade agreements such as verification of letters of origin and safeguard mechanism.

"Goods entering with low duties must be checked to see that they really come from free trade partners," she said.

Regarding the early warning mechanism, the director general of customs and excise, Thomas Sugijata, said his office had a centre for processing data from customs offices across the country.

"Based on the data rising trend of imported goods will be detected. This will be shared with the Fiscal Police Agency for analysis," he said.(*)



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