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
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

Pic: Shutterstock

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Viral Desai, Zenitex Mill Pvt Ltd

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Textile Industry, Head honchos

Textile Industry
Head honchos

African fashion has a strong identity

Zafer Demirel,

Zafer Demirel

Turkey's Canlar Mechatronics is a leading designer and manufacturer of...

Awanda Booth,

Awanda Booth

Held every year in New York City, Surtex is a global business-to-business...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

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


March 2020

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


Advanced Search