Luhut Pandjaitan Negotiates Import Leniency with Xi Jinping

Translator

Ricky Mohammad Nugraha

Editor

Petir Garda Bhwana

Rabu, 6 November 2019 09:34 WIB

TEMPO.CO, Jakarta - Coordinating Minister of Maritime Affairs and Investments, Luhut Pandjaitan, had persuaded the Chinese government to give import duty leniency for Indonesian goods.

This was expressed by the minister after meeting President Xi Jinping in person at the opening of the China International Import Expo (CIIE) on November 5.

“I mentioned about the latest condition of Indonesia’s export to China. Surely I also asked him for leniency or total expungement of China’s import tariff on Indonesian-produces steel,” said Luhut Pandjaitan in a written statement on Wednesday.

Other items in the Minister’s list were pineapples, birds nest, palm oil products, nickel ores, copper, lead, and bauxite. Luhut Pandjaitan asserts that China is a potential market for Indonesian products as the country is home to over 1.4 billion population.

In exchange, the minister offers China improvements in Indonesia’s business regulations which intends to provide business certainty and ease of investments. According to the release, Luhut said that President Xi Jinping will consider Indonesia’s offer.

FRANCISCA CHRISTY ROSANA



Related News

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

10 jam lalu

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

Turkey stopped all exports and imports to and from Israel as of Thursday, May 2, the Turkish trade ministry said.

Read More

The Import Restrictions Boomerang

3 hari lalu

The Import Restrictions Boomerang

The restrictions on the imports of goods caused problems for many industries. They could become an opportunity for bribery and corruption.

Read More

Minister Luhut Pandjaitan, Singapore PM Talk of CCS Cooperation

9 hari lalu

Minister Luhut Pandjaitan, Singapore PM Talk of CCS Cooperation

Luhut Binsar Pandjaitan met Singaporean Prime Minister (PM) Lee Hsien Loong in Singapore on Tuesday, April 23, 2024.

Read More

Trade Minister Says Import Restriction Policy Aims for Consumer Protection

9 hari lalu

Trade Minister Says Import Restriction Policy Aims for Consumer Protection

Minister Zulhas explains that the carry-on import restriction policy was carried out to protect domestic consumers.

Read More

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

10 hari lalu

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

Statistics Indonesia or BPS assesses that the geopolitical conflict between Iran and Israel has no significant impact on Indonesian trade.

Read More

Jokowi Aims to Up Corn Productions, Reduce Imports During Gorontalo Visit

10 hari lalu

Jokowi Aims to Up Corn Productions, Reduce Imports During Gorontalo Visit

Jokowi directly inspected the corn harvest in Boalemo Regency, Gorontalo on Monday, April 22, 2024.

Read More

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

16 hari lalu

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

The government decides to revoke regulations restricting migrant workers' carry-on goods from aboard.

Read More

Expert Explains Effect of Rupiah Weakening Against Import Prices

19 hari lalu

Expert Explains Effect of Rupiah Weakening Against Import Prices

Commodity and currency observer Lukman Leong believes that the depreciation of the rupiah exchange rate will impact the increase in import prices.

Read More

Ministry of Industry Limits Electronic Imports, Hope to Boost Domestic Businesses

23 hari lalu

Ministry of Industry Limits Electronic Imports, Hope to Boost Domestic Businesses

The Ministry of Industry hoped that new regulation on import trade in electronic products could create opportunities for domestic manufacturers.

Read More

Palace Clarifies Prabowo - Xi Jinping Meeting in China

30 hari lalu

Palace Clarifies Prabowo - Xi Jinping Meeting in China

The Presidential Palace asserted that Prabowo Subianto met with Chinese President Xi Jinping in China as Indonesian Defense Minister.

Read More