Govt resolves problems faced by Japanese firms<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
The government has made substantial progress in resolving
\nproblems faced by Japanese companies operating in this country,
\naccording to a press statement issued on Thursday by the Office
\nof the Coordinating Minister for the Economy.<\/p>\n
The statement was made following a regular consultation
\nmeeting on Wednesday between economics ministers and the Jakarta
\nJapan Club, whose members include some 380 Japanese companies.
\nThe meeting was chaired by Coordinating Minister for the Economy
\nDorodjatun Kuntjoro-Jakti.<\/p>\n
\"Out of 79 topics relating to problems and obstacles faced by
\nJapanese investors in Indonesia, 42 problems have been resolved,
\n30 are still in the process of further discussion, and seven are
\ndifficult to resolve as they are linked to existing laws,\" the
\npress statement said.<\/p>\n
From the 42 problems which have been resolved, 14 were
\nconsidered very urgent, it said. This includes problems and
\nobstacles in the area of customs procedure, taxation, and labor
\naffairs.<\/p>\n
Japan is one of Indonesia's main foreign investors. Investment
\nactivities in the country have been dwindling during the past
\ncouple of years due to various problems. The government is now
\nunder pressure to push investment, which is seen as a key factor
\nif the country wants to enjoy higher economic growth.<\/p>\n
Indonesia's economics ministers and other related senior
\ngovernment officials have been meeting regularly with the Jakarta
\nJapan Club to seek ways to help improve investment climate in
\nthis country. The regular meeting was a result of the visit by
\nPresident Megawati Soekarnoputri to Tokyo in 2001. So far the two
\nsides have met seven times.<\/p>\n
The consultation forum is divided into five sub-commissions,
\nincluding on excise and customs, taxation, labor, investment
\npromotion and development of supporting industries, and energy.<\/p>\n
The press statement did not disclose the areas that have not
\nbeen resolved.<\/p>\n
But the problems that have already been resolved, among others
\nare: accelerating customs clearance procedure; curbing illegal
\nfees in customs clearance; improving information systems;
\nstreamlining customs documents; setting up a one-stop center;
\nstreamlining import procedure of used machinery; issues on value
\nadded tax; and definitions of valid labor strikes.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/govt-resolves-problems-faced-by-japanese-firms-1447893297",
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"sponsor": "Okusi Associates",
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