IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 May 2015 | Removal date: open ended
Still in force

State loan

 On 11 May 2015, the Indonesian vice-president launched the JARING (shorthand for Indonesian "outreach, synergy and guidelines") programme aimed at accelerating the growth of the country's maritime and fisheries sector.
The programme shall provide loans to traditional fishermen and SMEs in the fisheries sector in order to increase the industry's productivity. According to news reports, the loans will be distributed through eight banks. The state-run bank Bank Negara Indonesia alone committed to financing the industry with 300 billion IDR (ca. 22.9 million USD) each year.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
Due to the unavailability of trade data for the year 2014, the list of affected trading partners is based on UN Comtrade's trade volumes in 2013.
Update
On 9 November 2015, the President issued regulation 126/2015 specifying the state aid to traditional fishermen and SMEs in the fisheries sector. Apart from the loans, the programme also includes a steady, price-fixed supply of liquified petroleum gas to the sector and provides a one-off distribution of engines, LPG tubes and LPG converter kits to the fishermen.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

042 Fish live, fresh or chilled for human consumption
0302 Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 03.04.
030214 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
212 Prepared & preserved fish, crustaceans, molluscs
0303 Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
030312 Other Pacific salmon (Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus)
030313 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
030343 Skipjack or stripbellied bonito
030353 Sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus)
030354 Mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus)
030357 Swordfish (Xiphias gladius)
030363 Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
030389 Other
0304 Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
030499 Other
0306 Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling
030611 Rock lobster and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.)
030614 Crabs
030616 Coldwater shrimps and prawns (Pandalus spp., Crangon crangon)
0307 Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process; flours, meals and pellets of molluscs, fit for human consumpt
030729 Other
030749 Other
030759 Other

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