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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 Bonded Logistics Center: The Ministry of Trade is Ready to Tighten Import of Textiles


				
			
			
Bonded Logistics Center: The Ministry of Trade is Ready to Tighten Import of Textiles PDF Print E-mail
Written by Maizer   
Wednesday, 26 June 2019
The Ministry of Trade is ready to revise regulations regarding the importation of textile products through a bonded logistics center (PLB).

 

Minister of Trade Enggartiasto Lukita said he agreed with the Ministry of Industry's proposal to evaluate the provisions in the process of importing textile products through PLB.

 

As according to him, the Minister of Trade Regulation (Permendag) No.64 / 2017 concerning the provisions on the Import of Textiles and Textile Products cannot yet be fully implemented.

 

"We agree and are ready to evaluate and revise the TPT import provisions via PLB. However, what needs to be noted is that the Minister of Trade's Regulation on Textile Imports has actually not been implemented yet because the supporting regulations regarding tariffs from the Ministry of Finance have not yet been issued, "he told Bisnis last week.

 

He also felt surprised, there was a surge in imports of finished textile products through PLB, because according to him according to the rules, importation could not be carried out.

 

Nevertheless, he will continue to hold discussions with the Ministry of Industry and the Directorate General of Customs and Excise of the Ministry of Finance related to the provisions on the importation of these products.

 
		
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