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India Pays Attention To Indonesian Textile Import Policy

2013/10/14 9:24:00 21

IndiaIndonesiaTextiles

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< p > India business and Industry Minister Anand Sharma and Indonesian trade minister Gita Wirjawan said that Indonesia's "a target=" _blank "href=" //www.sjfzxm.com/ "textile" /a "import restriction system triggered India's concern.

Anand Sharma accompanied general Mohan Singer to Indonesia for a two day visit.

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< p > an official statement said that the Indonesian Minister made a pledge on Mr. Sharma's questions and would examine his policies constructively.

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Last year, the Ministry of trade of Indonesia issued new regulations to increase import supervision, attract more investment and accelerate the development of domestic industry. P

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< p > the new policy came into force on May 1, 2013, limiting the general < a href= "//www.sjfzxm.com" > Import < /a > merchants, including retailers, importing products from the same category, such as textiles and textile products.

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< p > this regulation restricts the import of more than one category of goods from large retail stores, which not only affects some retailers but also restricts imports from other countries.

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During the meeting, ministers of the two sides felt the need to start negotiations on bilateral free trade agreements (FTA) to achieve the decision made by the leaders of the two countries two years ago. P

Ministers of the two countries decided to meet at the forum of Ministers of trade and industry in December 2013.

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Indonesian President Susilo Bambang Yudhoyono and India's prime minister Manmohan Singh said in a joint statement that they were satisfied with the growing trade and investment relationship between India and Indonesia and expressed confidence that the bilateral trade target in 2015 would achieve a target of 25 billion US dollars.

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