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APSyFI: The national textile industry is headed for a trade deficit, 2018 exports grow 1% and imports grow 14% (yoy).--IKATSI: The growth of the national textile industry is still hampered by floods of imports, Indonesia needs a clothing security law.


	
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Home arrow Latest News arrow The ACFTA Trade Agreement Burden Textile Industry


				
			
			
The ACFTA Trade Agreement Burden Textile Industry PDF Print E-mail
Written by Maizer   
Wednesday, 10 April 2019

ASEAN trade agreement - China Free Trade Agreement (ACFTA) traded has been detrimental to the domestic textile industry.

 

This was conveyed by Dyah Ayu Agustina in her research entitled ACFTA and Chinese Textile Smuggling in Indonesia (Journal of International Relations Vol. 4, 2018).

 

According to Dyah (2018), since enactment of ACFTA more and more cheap textile supplies from China have entered Indonesia. This condition is further aggravated by the proliferation of smuggling imported textiles into markets in various regions, until local producers find it difficult to compete.

 

Received the ACFTA Agreement

 

If traced again, the agreement on  ACFTA was approved by the heads of ASEAN countries in 2002. Since then, the countries involved in negotiations have started from changing rates

 

Indonesia itself has reduced import tariffs from 15 to 20 percent to 0 - 5 percent. This policy applies to imports of  vegetables, fruits, coffee products, coconut oil, palm oil, medicine, leather goods, and other types of products.

 

ACFTA also has a Very Sensitive List (HSL), which is a list of "very sensitive" products that must be entered into 0 - 5 percent by 2020. There are 47 products included in this HSL, including imports of rice, sugar, corn, soybeans, and also textile products.

 

By agreeing to this, the ACFTA is expected to increase international trade cooperation and expand the market from its member countries.

 
		
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