Indonesia Restricts Agricultural Imports
Jakarta. Indonesia has introduced import restrictions for several agricultural commodities such as feed wheat and mung beans, among others.
The restrictions also affect peanuts, soybean meal, pears, as well as rice meant for livestock.
Importers now must secure the Trade Ministry's approval. They must also earn technical recommendations from the Agriculture Ministry.
"We wish to improve import policies. We want to maintain a balance between domestic supply and demand, while also protecting prices for domestic producers. We also hope to strengthen national food security," Budi said, as reported by the state news agency Antara on Thursday.
Andri Gilang Nugraha, a senior official at the Trade Ministry, went on to say that the move could reduce Indonesia's dependence on imports.
"Take a look at mung beans and peanuts. Our farmers have lost interest in growing these crops because imported products were able to enter our market without duration or volume restrictions," Gilang said.
The permit for feed rice importers must also come with a commodity balance sheet. Pear importers have to submit a proof of control over their cold storage and other related documents. Indonesia also requires importers of both products to submit a surveyor's report.
Tags: Keywords:Related Articles
Indonesia Restricts Agricultural Imports
The restrictions also affect peanuts, pears, as well as rice meant for livestock.The Latest
Court Hears of $5,000 Fee for Expedited Hajj Slots in 2023
A former Religious Affairs Ministry staffer testified that 181 pilgrims paid $5,000 each for expedited hajj departures in 2023.Five Journalists Reported Missing While Covering Anak Krakatau Eruption
Five journalists and two boat crew members are missing after losing contact while covering the Anak Krakatau eruption off Banten.Trump Tariffs Cripple EU Firms’ Confidence in ASEAN
As many as 81% of the surveyed European businesses admit that the US tariffs had weakened their confidence in ASEAN.Rupiah Strengthens to Rp17,632 on Reserve Boost
The rupiah rose 0.05% to Rp17,632 as higher foreign exchange reserves offset geopolitical risks and US inflation concerns.Stocks Climb 1% as Indonesia’s Reserves, Airport Operations Recover
Indonesian stocks rose 1% as stronger foreign reserves and airport reopenings lifted domestic market sentiment.Most Popular
