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Enggartiasto-Lukita

Business 7 years ago

Indonesia plans to complete 13 trade agreements

The Indonesian government is seeking to complete 13 trade agreements with other countries and trade organizations in an attempt to boost its exports amid the trade war between China and the United States, which has seen a trend toward global trade protectionism.

Business 7 years ago

Jokowi launches 33rd Trade Expo Indonesia

President Joko "Jokowi" Widodo on Wednesday launched the 33rd Trade Expo Indonesia (TEI) at the Indonesia Convention Exhibition in Tangerang, Banten, on Wednesday.

Business 7 years ago

Indonesia, Switzerland committed to concluding IE-CEPA

Trade Minister Enggartiasto Lukita has said Indonesia and Switzerland are committed to concluding the negotiations on the Indonesia-European Free Trade Association Comprehensive Economic Partnership Agreement (IE-CEPA).

Business 7 years ago

2m tons of rice imports not my decision: Trade minister

Trade Minister Enggartiasto Lukita has appeared reluctant to comment on a statement made by state-owned logistics company Bulog president director Budi Waseaso, who criticized a plan to import 2 million tons of rice.

Business 7 years ago

Indonesia won't need to import rice through June 2019: Logistics chief

Indonesia will not have to import rice through June 2019 as the country has enough of the commodity in stock, said Budi Waseso, head of state-owned logistics firm Bulog.

Business 7 years ago

Liquor among goods to face further import restrictions

Trade Minister Enggartiasto Lukita has announced that the government would tighten the import restriction to a number of goods -- alcoholic beverage, tires, iron and steels as well as textile and textile products.

Business 7 years ago

New import tax could mean higher inflation: Indef

An economist at the Institute for Development of Economics and Finance (Indef) has said the government policy on imposing a higher import tax on foreign-made products would push up prices and thus increase inflation.

Business 7 years ago

Government open to trade agreements to boost textile industry

Trade Minister Enggartiasto Lukita has said that the government would support the domestic textile industry by strengthening its overseas markets through the establishment of trade agreements with other countries.

Business 7 years ago

Indonesian steel products get tariff exemption from US

The United States has made the decision to exempt 19 Indonesian steel products, namely carbon and alloy and stainless steels, from its 25 percent tariffs, Trade Minister Enggartiasto Lukita has said.