Monday, June 23, 2008

Plans to submit proposal to block cuts in import duty on polyolefins supplied from MFNs in Indonesia

Players in Indonesia's polypropylene (PP) industry plans to submit a proposal to the government to help block cuts in import duty on polyolefins supplied from Most Favoured Nations (MFNs). Under its WWorld Trade Organisation membership obligations, Indonesia is bound to reduce the import duty in January, on PP and polyethylene (PE) imported from the MFNs to 7.

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