Indonesia: New regulation stipulating that exporters of certain products must be supported by letters of credit issued by domestic banks

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Description

On 5 March 2009, the Government of Indonesia imposed a regulation concerning the use of domestically issued letters of credit. The following three categories of goods are covered by this regulation:...

Intervention Details

Intervention Type

Export-related non-tariff measure, nes

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Apr 2009

Revocation date

31 Aug 2010

Implementation level

National

Affected flow

Outward

Announced as temporary

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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