{
    "success": true,
    "data": {
        "id": 1074745,
        "msgid": "govt-mulls-new-agent-ruling-1447893297",
        "date": "2001-09-26 00:00:00",
        "title": "Govt mulls new agent ruling",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Govt mulls new agent ruling JAKARTA (JP): The government said on Tuesday it planned to revise two regulations that stipulate that sole authorized distributors of foreign products must receive recognition from the government to commence their activities. Director of transportation means at the Ministry of Trade and Industry Muhammad Setiono said the revision was aimed at deregulating foreign product distribution and creating fair competition in the business.",
        "content": "<p>Govt mulls new agent ruling<\/p>\n<p>JAKARTA (JP): The government said on Tuesday it planned to<br>\nrevise two regulations that stipulate that sole authorized<br>\ndistributors of foreign products must receive recognition from<br>\nthe government to commence their activities.<\/p>\n<p>Director of transportation means at the Ministry of Trade and<br>\nIndustry Muhammad Setiono said the revision was aimed at<br>\nderegulating foreign product distribution and creating fair<br>\ncompetition in the business.<\/p>\n<p>The regulations in question are Ministry of Industry and Trade<br>\nDecree No. 295\/1982 on sole authorized distributors and<br>\nministerial decree No. 428\/1987 on the requirements to gain the<br>\ngovernment&apos;s approval for sole distributors of automotive,<br>\nelectronic and electric products.<\/p>\n<p>&quot;Under the future regulations, local distributors do not need<br>\nto seek the government&apos;s approval to act as the sole authorized<br>\ndistributor of foreign products, &quot; Setiono said on the sidelines<br>\nof a seminar on the prospects of automotive authorized sole<br>\nagencies in the country.<\/p>\n<p>He added that a firm would only need to reach a deal with a<br>\nforeign producer to become its distributor in the country. (iwa)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/govt-mulls-new-agent-ruling-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}