Wednesday, 08 May 2024 10:29

Ministry of Industry Ensures Import Tightening Does Not Burden the Manufacturing Industry

The Ministry of Industry's spokesperson, Febri Hendri Antoni Arif, emphasizes that recent import control measures won't hinder manufacturing industries relying on foreign raw materials, noting that these policies support production absorption. Known as Lartas, these regulations primarily target finished products rather than raw materials. However, the Ministry aims for increased utilization of domestically sourced raw materials to boost Domestic Component Levels (TKDN). These measures are expected to enhance domestic industry utilization, attract local investment, and foster job creation. Previously, the footwear industry expressed concerns about import restrictions, with Firman Bakrie of the Indonesian Footwear Association highlighting increased bureaucracy and costs. Bakrie stressed the industry's heavy reliance on imported textiles and urged government support for streamlining raw material procurement. The Ministry of Industry issued technical regulations, such as Ministerial Regulation No. 5 of 2024, regarding the Procedure for Issuance of Technical Considerations for Textile and Textile Product Imports. These regulations aim to balance domestic production and imports by assessing the required amount of imported raw materials.


Additionally, the Ministry issued five similar regulations governing the import procedures for various commodities, including iron, steel, health supplements, traditional medicines, cosmetics, and household equipment. These complement Minister of Trade Regulation No. 36 of 2023, amended to Minister of Trade Regulation No. 3 of 2024, concerning Import Policies and Regulations. This regulation, while facing criticism for restricting personal baggage imports of onions from abroad, aligns with the broader import control strategy. The government's focus on import control aligns with broader economic goals, including promoting domestic production and achieving self-sufficiency in key industries. While challenges remain, such as bureaucracy and industry adaptation, these measures aim to strengthen domestic industries and reduce reliance on foreign imports. The Ministry's efforts underscore a comprehensive approach to managing imports while fostering domestic economic growth and stability.

Source: https://bisnis.tempo.co/read/1864740/kemenperin-jamin-pengetatan-impor-tidak-bebani-industri-manufaktur

 

 

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