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View all search resultsCanberra has officially revoked the antidumping duty (BMAD) on clear float glass products from Indonesia, opening a new chapter for exporters, after an Australian competitor ceased production.
he Australian government has revoked the antidumping duty (BMAD) on clear float glass products from Indonesia, opening a new chapter for exporters that have faced the trade barrier for more than a decade.
The decision, formalized in a ministerial decree dated Sept. 30, was hailed by Trade Minister Budi Santoso as a "positive signal" for expanding the nation's export footprint in the Australian market.
"We welcome Australia's decision to revoke the BMAD on clear float glass products from Indonesia. This is the result of hard work together between the government and business players," Budi said in a statement issued on Thursday.
The duty had been in place since 2011, a period during which the government and industry persistently sought its review.
Acting foreign trade director Tommy Andana detailed the long-running advocacy.
"We will continue to coordinate closely with associations, exporters and trade representatives in Australia to ensure optimal utilization of this positive outcome and strengthen Indonesia's export position in the Australian market," Tommy said.
Read also: Textile industry, govt at odds over rising yarn imports
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