Indonesia to restrict imports of cheap Chinese goods
The Minister of Small, Medium and Micro Enterprises has said that the government is looking at regulations to restrict imports of ultra-low-cost goods from China in order to protect competition in the domestic market.These items are sold for only 3,000-4,000 rupiah (about $1.4-1.8 yuan), theSevere impact on local producers. Government considerationsEstablishment of a minimum price limitation mechanism for imported goods, which is still in the process of developing a specific program.
The chairman of the Indonesian E-Commerce Association (idEA) has promised members toFull cooperation with regulation, has taken several measures since March 2023 to ban the sale of contraband goods. The finance minister previously warned importers of second-hand clothingCessation of unlawful actsfig. change one's stanceProcurement of domestic productsand that the offending importer will be putblacklist.. The Government aims to revitalize the country's textile industry and maintain a healthy market environment.