Home / Knowledge / News / Textiles / We will address FTA concerns to ASEAN – Minister
We will address FTA concerns to ASEAN – Minister
11
Jan '10
Mr Marty Natalegawa
Mr Marty Natalegawa
After delivering the annual foreign policy statement, Indonesian Foreign Minister, Marty Natalegawa said, “Indonesia remains fully committed to its free trade agreement with China under ASEAN but will also seek ways to address the domestic industry's fears voiced that their business will be hurt by the inflow of Chinese products.”

Meanwhile, the Indonesian government submitted a proposal to the ASEAN Economic Community Council last week, to delay tariff reduction on 228 items under the free trade agreement between the Southeast Asia regional grouping and China.

The ASEAN-China which became effective from January 1, 2010 entails zero tariffs on 6,682 tariff lines in 17 sectors, including 12 in manufacturing, and five in agriculture, mining and maritime sectors.

Meanwhile, Speaking on the occasion, Marty Natalegawa said, "We will respect the commitment we have reached with any country and since every agreement has its own executing mechanism, we will see how to address the concern of each member and I am not saying for certain that it will mean a renegotiation, but we will definitely address our concerns to our partners."

Addressing her concerns, the Chairwoman of the Indonesian Garment and Textile Producers Association (APGI), Poppy Dharsono said, China had been able to trim prices of its textile goods by up to 56 percent, due to excellent infrastructure.”

While another expert bemoaned the fact that Indonesia had time to improve its infrastructure facilities from the time the negotiations for the FTA agreement began in 2005, but the drive to up-grade infrastructure never took off, due to the lack of will and foresight of the government.

Last week the Chinese Ambassador to Indonesia Zhang Qiyue made it very clear that renegotiation was unlikely because the tariff reduction arrangement proceeded step by step, from as early as 2005, with a full implementation of zero tariffs commencing from January 1, 2010.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search