Japan wants to avoid taking RI to WTO<\/p>\n
TOKYO (Reuter): Japan has no plans yet to file a complaint
\nwith the World Trade Organization (WTO) over Indonesia's
\n\"national car\" policy and will continue talks on the issue, a
\ntrade ministry official said yesterday.<\/p>\n
Indonesia is offering tax and tariff concessions to an
\nIndonesian company, in cooperation with a South Korean firm, that
\nwill produce the car, something Japan considers unfair to
\nJapanese companies and in violation of WTO free-trade rules.<\/p>\n
The Nihon Keizai Shimbun, a Japanese economic daily, reported
\nin its Wednesday morning edition that Japan had decided to bring
\nthe complaint to the WTO as early as July.<\/p>\n
\"It is not true that we have decided to bring the complaint to
\nthe WTO,\" the trade ministry official said.<\/p>\n
\"We will continue holding talks with Indonesia as the
\nIndonesian government has been anxious to hold a third round of
\nbilateral talks.\"<\/p>\n
Industry sources in Japan say Japanese makers currently have a
\n95 percent share of the Indonesian vehicle market through joint-
\nventure assembly and licensing arrangements and view Jakarta's
\nproject as a threat to this status.<\/p>\n
The two countries held talks on June 6 in Kuala Lumpur on
\nIndonesia's car industry policy and have yet to decide a date for
\nmore talks.<\/p>\n
Indonesia said last week that the \"national car\", to be
\nproduced by its PT Timor Putra Nasional together with South
\nKorea's Kia Motors Corp, would be assembled in South Korea.<\/p>\n
In February, Indonesia gave Timor Putra, a company controlled
\nby President Soeharto's youngest son, Hutomo Mandala Putra, tax
\nand tariff breaks to produce the car.<\/p>\n
Japan's trade ministry said on June 7 that taking the issue to
\nthe WTO might be one way to resolve the dispute.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/japan-wants-to-avoid-taking-ri-to-wto-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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