{
    "success": true,
    "data": {
        "id": 1506617,
        "msgid": "sugar-trade-must-be-improved-kppu-1447893297",
        "date": "2004-07-20 00:00:00",
        "title": "Sugar trade must be improved: KPPU",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Sugar trade must be improved: KPPU The Jakarta Post, Jakarta The Business Competition Supervisory Commission (KPPU) has urged the government to revise quickly the regulations on sugar trading as the existing ones have the potential to create unfair competition and trigger the formation of a cartel. KPPU member Sutrisna Iwantono said on Monday that Regulation No.",
        "content": "<p>Sugar trade must be improved: KPPU<\/p>\n<p>The Jakarta Post, Jakarta<\/p>\n<p>The Business Competition Supervisory Commission (KPPU) has<br>\nurged the government to revise quickly the regulations on sugar<br>\ntrading as the existing ones have the potential to create unfair<br>\ncompetition and trigger the formation of a cartel.<\/p>\n<p>KPPU member Sutrisna Iwantono said on Monday that Regulation<br>\nNo. 643\/MPP\/Kep\/9\/2002 issued by the Ministry of Industry and<br>\nTrade could create unfair competition as it provided<br>\nopportunities only for particular business players.<\/p>\n<p>\"The mechanism on the importation and distribution of sugar --<br>\nwhether raw, refined or plantation white sugar -- in the<br>\nregulation could produce an entry barrier for potential players,\"<br>\nSutrisna said.<\/p>\n<p>Sutrisna added that as an alternative to the current sugar<br>\npolicy, the agency had proposed in January three options to curb<br>\nsugar imports and help local producers.<\/p>\n<p>First, the government could impose import duty on the<br>\ncommodity in accordance with World Trade Organization (WTO)<br>\nregulations.<\/p>\n<p>Second, the government could establish a quota for imported<br>\nsugar in order to afford protection to sugarcane farmers and to<br>\nprovide balance in the domestic sugar industry.<\/p>\n<p>Third, the amount and allocation of the quota should be<br>\narrived at transparently, such as through an auction.<\/p>\n<p>However, said Sutrisna, the government had not responded to<br>\nthe agency's proposal.<\/p>\n<p>The government increased import duties on raw and white sugar<br>\nearlier this month. The new tariffs are set at Rp 550 (0.6 US<br>\ncents) per kilogram for raw sugar (up from Rp 500) and Rp 700 per<br>\nkg for white and double-refined sugar (up from Rp 600).<\/p>\n<p>Currently, only state-owned plantation firms PPTN IX, PTPN X<br>\nand PTPN XI, and state-owned trading firms PT Rajawali Nusantara<br>\nIndonesia and PT Perusahaan Perdagangan Indonesia are licensed to<br>\nimport sugar.<\/p>\n<p>Recently, the House of Representatives urged the government to<br>\nrevise the regulations on sugar trading following an importation<br>\nscandal involving about 70,000 tons of smuggled sugar.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sugar-trade-must-be-improved-kppu-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}