Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Industry News | Time: Jun 11 2020 10:22AM
Indonesia applies safeguard measures for imported fabrics
Text size
On June 3, 2020, the WTO Safeguard Measures Committee issued the safeguard measures notification submitted by the Indonesian delegation to it. On May 27, 2020, the Ministry of finance of Indonesia issued regulation 55/PMK.010/2020 in its official gazette. From May 27 2020 to Nov 8 2022, the Ministry of finance of Indonesia implemented safeguard measures for imported fabrics in the form of special tariff for three years. Tax Number 5208.12.00, 5208.32.00, 5208.49.00, 5208.51.90, 5208.52.90, 5209.12.00, 5209.22.00, 5209.29.00, 6006.42.90, 6006.43.90, 6006.44.10 and 6006.44.90 are involved. The products involved in the case imported from the Macao Special Administrative Region are not included in the above-mentioned taxation scope.

On Sep 18 2019, Indonesia launched a case investigation on Safeguard Measures for imported fabrics. On Mar 3 2020, Indonesia made final determination on Safeguard Measures for imported fabrics.

Source: WTO
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Related Articles
Operating rate of printing and dyeing mills inched down in July
Turkish apparel markets positive about revival with demand picking
Indian textile industry will be hit: 97% Bangladeshi products to
Sales situation of textile machinery in Q1 2020
Large-scale knitting and dyeing mills lack of production workers
Jun operating rate of printing and dyeing plants increases
Bangladesh ready-made garments continue to show a significant fall
Vietnam greenlights EU trade pact in bid for China-exit
Industry could achieve pre-Covid business levels by 2021 textile
H&M's sales tumble, stockpiles grow in March to May
PET bottle chip market to face challenges after an ...
Spandex market review in H1 2020 and market outlook
PTA and PX market outlook in H2 2020
Analysis on production changes of global major cotton ...
Analysis on spandex for ear bands for masks in 2020
Analysis on spandex industry supply and demand