Thu, 17 Dec 2009
Jakarta (ANTARA News) - The government is likely to liberalize the import of around 8,000 commodities from other ASEAN member states in January 2010 as a follow-up to the Free Trade Agreement (FTA), a Finance Ministry official said.

"In total there will be around 8,000 types of commodities," the head of the ministry`s fiscal policy board, Anggito Abimanyu, said here on Wednesday.

Some of the commodities were currently subject to 5 percent and 2.5 percent duties, he said.

"The new tariffs will only apply to imports from ASEAN member states, while duties on the import of commodities from China will be lowered to 3 percent," he said.

He said the Finance Ministry was in the process of drawing up a regulation on the tariff reduction.

Hopefully, the regulation would be issued five days before January 1, 2010, he said.
On anti-dumping duties, he said the ministry had received a number of proposals from the Indonesian Anti-Dumping Committee (KADI). The proposals were being discussed.
"Basically, we will implement what the Trade Ministry through KADI has decided," he said.

Asked to comment on the Asian Development Bank (ADB)`s economic growth forecast of 6.6 percent for Asia next year, he said the Manila-based bank had revised it upward.

"This is among others because the global economy has begun to improve," he said.(*)



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