Bangladesh to seek remedy for Indonesia safeguard duty

Image: Collected
Bangladesh government will seek solution from safeguard duty imposed by Indonesia over global import of apparel and clothing products as Bangladesh’s export will not harm Indonesian native industry, Bangladesh trade officials said.

At a bilateral consultation appointment to be held today on the imposition of safeguard methods on the products, Bangladesh will either look for waiver from payment of the work or remedial insurance coverage for export losses due to the imposition of the duty, they said.

Indonesia on February 23 imposed safeguard duty ranges from Tk 37 to Tk 956 a bit of 134 types of clothing things irrespective of exporting countries for three years saying an increased import of the products has caused serious problems for its domestic industry.

The work has been imposed on top garments (casual), top garments (formal), bottom garments, suits, ensembles and dresses, outwear, babies’ garments and clothing accessories, headwear and neckwear.

Officials said that Bangladesh delegation led by Md Hafizur Rahman, director standard of the Globe Trade Organisation Cell beneath the commerce ministry, would place arguments against imposition of the work on Bangladeshi products.

Representatives from foreign ministry, textiles and jute ministry, Bangladesh Trade and Tariff Commission, Bangladesh embassy found in Jakarta, Bangladesh Garment Suppliers and Exporters Association and Bangladesh Knitwear Suppliers and Exporters Association may also attend the discussion to end up being held virtually, they said.

They said that Bangladesh side would raise several issues that your Indonesian Safeguard Committee (KPPI) didn't address while imposing the work.

The BTTC and the BGMEA also submitted the detailed explanations to the KPPI during the investigation period as to why situation did not arise to take safeguard measures.

A lot of the observations created by Bangladesh are not reflected in the notification that imposed the work.

Hafizur said that the reason for the surge found in import of apparel goods in Indonesia was first a rise in import from China following duty advantages to the country.

Bangladesh is not a significant exporter to the country, he said.

The notification in addition has inconsistencies and miscalculation and it also did not address the Bangladesh’s concerns, he said.

‘We will show our stance again and will request the country never to impose the duty found on Bangladesh’s export as we don’t possess any faults or perhaps adopt any unfair practice,’ he said.

‘If Indonesia cannot waive the work that was imposed on products regardless of exporting countries, we will get remedy as per the WTO provisions,’ he added.

As per the WTO provisions, safeguard duty imposing country are actually bound to supply remedy in a variety of forms to a region that are not responsible for a rise found in import, trade officials said.

The remedy could be provided through a decrease in duty for different products or giving duty draw back to exporters, they said.

Bangladesh’s growth on export to the country has been in normal trend, which signifies that Bangladeshi export is not responsible for the personal injury, they added.

They also said that there is mismatch between sales, profits, production and import info the united states mentioned in the notification and other sources.
Source: https://www.newagebd.net

Share this news on: