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

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search