Global Trade Alert
Global Trade Alert

Indonesia: Government set an import quota and subsidised the importation of frozen beef from Brazil for the year 2023

Announcement

08 Feb 2023

In February 2023, the government of Indonesia set an import quota and subsidised the importation of frozen beef from Brazil at 100'000 tonnes for the year 2023.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

31 Mar 2023

Revocation date:

No revocation date

Import quota

On 8 February 2023, according to the news reports, the government of Indonesia set an import quota of frozen beef from Brazil at 100'000 tonnes for the year 2023. The import quota was given to ID Food...

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Implementation date

31 Mar 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 8 February 2023, according to the news reports, the government of Indonesia injected IDR 8 trillion (USD 528 million) into ID Food to carry out the government's assignment to import frozen beef fro...

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