ANNOUNCEMENT 13 Aug 2012In August 2012, the government of Indonesia announced a change in import duties.
NUMBER OF INTERVENTIONS
On 13 August 2012, the Minister of Finance released a regulation to temporarily abolish the import duties on soybeans with tariff heading 1201.90.00. The measure is a reaction to the increased global price of soybeans due to U.S. droughts. It is mainly targeted to support the local tofu and tempeh industry and remains in force until 31 December 2012.