Indonesian tuna is duty-free to enter Japan

Published 2024년 8월 15일

Tridge summary

The Indonesian and Japanese governments have virtual signed an amendment to the Indonesia-Japan Economic Partnership (IJEPA) agreement, which includes a duty exemption on processed tuna and skipjack tuna products from Indonesia to Japan. The agreement, signed on August 8, 2024, also includes a 0% tariff exemption for 67 other fishery products. The duty exemption is expected to boost Indonesian exports of these products to Japan and attract investment interest in the country's fisheries sector. The agreement will be implemented after ratification by the parliaments of both countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reporter: Barratut Taqiyyah Rafie | Editor: Barratut Taqiyyah Rafie KONTAN.CO.ID - JAKARTA. The Indonesian government signed the draft of the Indonesia-Japan Economic Partnership (IJEPA) protocol amendment agreement by the Indonesian Minister of Trade and the Japanese Minister of Foreign Affairs on August 8, 2024 virtually. One of the contents of the agreement is the exemption of import duties to Japan for processed tuna and skipjack tuna products from Indonesia. This shows positive developments in the efforts made by the Ministry of Maritime Affairs and Fisheries (KKP) so far. Quoting Infopublik.id, the details of the products in question include 4 tariff items, namely Skipjack and other bonito in airtight containers (HS 1604.14.010), Tunas in airtight containers (HS 1604.14.092), Skipjack and other bonito boiled and dried (HS 1604.14.091), and Others (HS 1604.14.099). "Of course this is a gift in the month of independence and hopefully it can increase exports of these products ...
Source: Kontan

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