Jakarta - Govt due to introduce trade system

The government plans within weeks to introduce a new trade system for horticultural products, which will include an import arrangement, in a move to increase protective measures within the domestic market, an official says.

Deputy Trade Minister Bayu Krishnamurti said on Friday the new system would ensure the quality and security of imported products for local consumers as well as guarantee the sustainability of local agricultural businesses.

A trade system to protect local products is commonly applied to a country’s essential food commodities, which in Indonesia’s case are rice, salt and sugar.

“We are trying to safeguard the local market from risky products and, for that reason, we will conduct a risk assessment regarding such products with this new system,” Bayu said on Friday.

Read full article: The Jakarta Post