Indonesia: Minister targets zero percent import duty on pineapple, banana exports

Published Jul 19, 2023

Tridge summary

Trade Minister Zulkifli Hasan aims to negotiate a zero percent import duty on Indonesian pineapples and bananas to boost exports. Currently, various countries impose different import duty rates, hindering commodity trade. The minister plans to establish cooperation with other countries to eliminate trade taxes on these commodities, with the goal of expanding the local market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

South Lampung, Lampung (ANTARA) - Trade Minister Zulkifli Hasan is targeting zero percent import duty on exports of pineapples and bananas from Indonesia to other countries. "The pineapple and banana commodities from Lampung Province have dominated the world trade market," he noted here on Wednesday. However, there are a number of obstacles to commodity trade with various countries, one of which is the import duty rate, which varies in each country, he said. "For example, if we want to export to Europe, Japan, and South Korea, they usually have their own entry tax. We are working on the application of zero percent import duty on pineapples and bananas," the minister informed. He said that to expand the application of zero percent import duty on commodity exports, his ministry is also establishing cooperation with several countries. "We are encouraging cooperation with various countries to eliminate trade taxes on commodities, one of which is pineapples and bananas ...
Source: Antaranews

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