Textile export quotas set
Textile export quotas set
JAKARTA (JP): The government has issued the distribution of Indonesia's 1995 quota for textile exports to the United States among exporters.
"The new quota, which applies to this year, was determined after a recent decision by the U.S. administration on imports of textiles and textile products from Indonesia," Radumalem Sembiring, a spokesman of the Ministry of Trade, stated yesterday.
The U.S. administration agreed to increase the import quota of Indonesian textiles and textile products by nine percent for 1994-95.
This means that the quota for Indonesia's exports of textiles and textile products to the United States will raise to 542.5 million square meters in 1994-95 from 497 million square meter in 1993-94.
Sembiring said all exporters who have any objection to the new quota distribution should contact the Ministry of Trade no later than 60 days after this announcement was made.
Indonesia exported about US$1.2 billion worth of textiles and textile products to the United States in 1993. (hdj)