Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

Indonesia says its import tariff policy not targeted at any country

CGTN

Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan (L2) speaks during a meeting in Beijing, capital of China, April 12, 2018. /CFP
Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan (L2) speaks during a meeting in Beijing, capital of China, April 12, 2018. /CFP

Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan (L2) speaks during a meeting in Beijing, capital of China, April 12, 2018. /CFP

Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has dismissed speculations that it is targeting certain countries with its plan to impose import duties of up to 200 percent on certain products.

"We are not targeting any particular country, especially China. All measures are taken based on our national interest," Luhut said in Jakarta on July 6.

Luhut explained that one step that has been taken so far is the extension of tariffs already imposed on several textile products. These tariffs apply to all imported goods, regardless of their origin, according to Antara News.

Luhut emphasized that China remains a crucial strategic and comprehensive partner for Indonesia in trade and investment and Indonesia is committed to maintaining this relationship through ongoing communication and dialogue regarding policy changes.

Previously, Indonesia's Trade Minister Zulkifli Hasan proposed imposing import duties of up to 200 percent on textile products, specifically mentioning China, as a means to protect its domestic industries such as textiles, according to media reports.

The comments drew concerns over potential tensions between the two important trading partners in the region.

Search Trends