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Jakarta Post

RI upbeat over its progress in ASEAN single market

  • Stefanno Reinard Sulaiman

    The Jakarta Post

  /   Tue, April 24 2018   /  01:34 am

Indonesia’s customs and excise office is upbeat that it has achieved notable progress in its effort to integrate its market with neighboring countries under the Association of Southeast Asian Nations (ASEAN).

Finance Ministry customs and excise director general Heru Pambudi said the country had made a series of attempts, particularly ratifying the Kyoto Convention on the simplification and harmonization of customs procedures, in order to fulfill global customs standards.

“We have complied with all the international [customs] standards,” he said recently.

Heru further said that standardized customs procedures would benefit whole ASEAN members, citing reduced tariffs on imported goods enabled by the ASEAN Free Trade Area (AFTA), from which Indonesia had benefitted.

ASEAN is finalizing two agreements that will further facilitate standardization of trade p...