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Global Trade Alert

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Indonesia: Buy-back requirement enforced for procurement of Russian jets

Description

Given law no. 16/2012, the Russian party agreed on 22 August 2017 to purchase Indonesian products worth 570 million USD, in order to "offset" the missing 50% of a local content requirement in the sale...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

22 Aug 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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