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TELECOM SECTOR OF INDONESIA

SR.NO 1 PERTICULARS DIFFERENT ECONOMIC SECTORS AGRICULTURE SECTOR SERVICE SECTOR

MANUFACTURING SECTOR HYDROCARBONS SECTOR EXPORTS AND TRADE SECTOR FINANCIAL SECTOR BANKING SECTOR BUSSINESS AND TRADE AT INTERNATIONAL LEVEL

The Policies on Manufacturing and Trade Domestic Trade Policy Overseas Trade Policy International Industrial and Trade Cooperation The National Export Development Board (NAFED)

Commodity Exchange Supervisory Board TRADE RELATIONS WITH INDIA AND GUJARAT Framework Indonesia) Bilateral trade Recent Bilateral Visits Non-tariff Barriers of Trade Relation (India-

OVERVIEW OF DIFFERENT ECONOMIC SECTORS


AGRICULTURE SECTOR Agriculture- Product (15.3% of GDP, 2009) Products--timber, rubber, rice, palm oil, coffee. Land--17% cultivated. Rice, cassava( tapioca), peanuts, rubber, cocoa, coffee, palm oil, copra, poulty, beef, pork, eggs The Relative Importance of Commodity Sub Sectors in Base Production and Growth 2010 (All figures are in percent)

Base Commodity Rice Estate crops Horticulture Livestock Fisheries Other food crops Maize Forestry TOTAL/AVERAGE 2009 24 18 17 11 11 9 2 8 100

Growth rate 2009 3.0 4.0 4.0 3.5 3.5 2.0 3.0 0 3.2

Share growth 24 21 19 12 14 8 2 0 100

of High Growth Share rate 3.0 6.0 8.0 6.0 6.0 2.5 5.0 2.5 5.0 growth 14 22 27 6 6 4 2 4 100

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There are three main reasons for rapid growth of this sector: The three commodity groups chosen account for nearly one-fourth of current agricultural production and in a fast growth strategy would account for about onethird of incremental growth support for GM technologies not only directly in agriculture, but also in agribusiness well developed expertise specific to Indonesia in agricultural policy and policy reform.

SERVICE SECTOR Business services Badan Pusat Statistic provisionally valued other business support services at 47,381,600 million rupiahs in 2006 thus registering over 71% growth since 2003. Small businesses There are 50 million small businesses in Indonesia with online usage growth of 48 percent in 2010, so Google will open a local office in Indonesia before 2012. General government

Badan Pusat Statistic provisionally valued government administration and defence services at 103,508,800 million rupiahs in 2006 thus registering over 63% growth since 2003. Other government services were valued at 64,290,900 million rupiahs in 2006 thus registering over 67% growth since 2003. Private Badan Pusat Statistic provisionally valued the social and community services at 60,319,400 million rupiahs in 2006 thus registering over 92% growth since 2003. Amusement and recreational services were valued at 10,018,800 million rupiahs in 2006 thus registering over 46% growth since 2003. Personal and household services were valued at 100,247,900 million rupiahs in 2006 thus registering over 69% growth since 2003.

Indonesian migrant workers The most common destination of Indonesian migrant workers is Malaysia (including the illegal workers). In 2010, according to World Bank report, Indonesia is among the world's top ten remittance receiving countries with value of totaling $7 billion. May 2011: There are 6 million Indonesian citizens working overseas, 2.2 million of who reside in Malaysia and another 1.5 million in Saudi Arabia. MANUFACTURING SECTOR Oil and gas manufacturing

Badan Pusat Statistic provisionally valued the petroleum refinery industry at 119,833,900 million rupiahs in 2006 thus registering over 139% growth since 2003[34] while the liquefied natural gas industry was valued at 53,791,300 million rupiahs in 2006 thus registering over 94% growth since 2003. Non-oil and gas manufacturing:Value of the food, beverage and tobacco industry at 213,173,300 million rupiahs in 2006 thus registering over 38% growth since 2003. Textile, leather products and footwear industry was valued at 90,871,700 million rupiahs in 2006 thus registering over 34% growth since 2003. Wood and wood products industry was valued at 44,410,400 million rupiahs in 2006 thus registering over 48% growth since 2003. Paper and printing products industry was valued at 39,968,900 million rupiahs in 2006 thus registering over 43% growth since 2003. Fertilizers, chemicals and rubber products industry was valued at 95,765,000 million rupiahs in 2006 thus registering over 68% growth since 2003. Cement and non-metallic quarry products industry was valued at 29,015,100 million rupiahs in 2006 thus registering over 50% growth since 2003. Iron, steel and other basic metals industry was valued at 20,492,200 million rupiahs in 2006 thus registering over 52% growth since 2003. Transport equipment, machinery and apparatus industry was valued at 221,891,800 million rupiahs in 2006 thus registering over 87% growth since 2003.

Other manufacturing industries were valued at 7,148,300 million rupiahs in 2006 thus registering over 67% growth since 2003. April 2011, after more than 40 years Toyota has developed into a strong production base for the domestic and export markets. In the next two years the car market is expected to reach one million unit a year which Toyota and also its subsidiary company Daihatsu get a market share about 40 percent. In 2010, Indonesia sales 7.6 million motorcycles, which mainly produce in Indonesia with almost 100 percent local components. Honda led the market with a 50.95 percent market share, followed by Yamaha with 41.37 percent market share. HYDROCARBONS SECTOR Oil and Gas mining Sector: Provisionally valued the oil and gas mining industry at 187,893,200 million rupiahs in 2006 thus registering over 97% growth since 2003. Indonesia left the Organization of Petroleum Exporting Countries (OPEC) in 2008, as it had been a net petroleum importer since 2004. Crude and condensate output averaged 948,000 barrels per day (bpd) in 2009, down slightly from 2008. In 2009, the oil and gas sector is estimated to have contributed $19.8 billion of government revenues, or 19.5% of the total. Indonesia ranked tenth in world gas production in 2009. In early 2010, the Government of Indonesia also formally decided to become a candidate country of the Extractive Industries Transparency Initiative (EITI), which will increase accountability and transparency in energy revenue transactions between the government and oil, gas, and mining firms.

Non-oil and gas mining Indonesia is the world's largest tin market. Although mineral production traditionally centered on bauxite, silver, and tin, Indonesia is expanding its copper, nickel, gold, and coal output for export markets. In 2007 Indonesia ranked fifth among the world's top gold concentrate producers. From January to August 2011, the coal production was 235 million tons and targeted 2011 coal production between 340 to 370 million tons. Not all of the productions can be exported due to there are Domestic Market Obligation (DMO) regulation which should fulfill the domestic market. In 2012, the DMO is 24.72 percent. And starting 2014, there are no low-grade coal exports allowed. From gold, copper, and coal comprised 84% of the $3 billion. Earned in 1998 by the mineral mining sector. India fortune groups like Vedanta Resources and Tata Group have significant mining operations in Indonesia. Indonesia will be the world's second largest Alumina producer. The project will not make the ores to become Aluminum due to there are 100 types of Alumina derivatives which can be developed further by other companies in Indonesia.

EXPORTS AND TRADE SECTOR Export Indonesia's exports were $116.5 billion in 2009, down 14.8% from a record $136.8 billion in 2008. The largest export commodities for 2009 were oil and gas (16.3%), minerals (14.3%), crude palm oil (12.5%), electrical appliances (8.2%), and rubber products (5.0%). The top four destinations for exports for 2009 were Japan (12.3%), the U.S. (10.7%), China (9.1%), and Singapore (8.2%). Major export partners--Japan, U.S., China, Singapore, Malaysia, and Republic of Korea. Import Meanwhile, total imports in 2009 were $96.86, down from $128.8 billion in 2008. Indonesia is currently our 28th-largest goods trading partner with $18.0 billion in total (two-way) goods trade during 2009. The U.S. trade deficit with Indonesia totaled $8 billion in 2009 ($5.1 billion in exports versus $12.9 billion in imports. FINANCIAL SECTOR Capital Markets For expositional purposes, it is useful to divide into 1) capital markets and 2) institutional investors, but there are close linkages between these two segments of the market. Equity Markets The equity market makes a relatively small contribution to raising capital for business. Total market capitalization as a share of GDP (29%) is the lowest among middle income Asian countries. Bond market Outstanding corporate bonds amount to only 2% of GDP, as against some 20%

in the rest of the region. Domestic institutional investors are the main holders of corporate bonds. Non-bank finance institutions Badan Pusat Statistik provisionally valued the non-bank finance industry at 26,682,500 million rupiahs in 2011 thus registering over 87% growth since 2008.http://en.wikipedia.org/wiki/Economy_of_Indonesia - cite_note-autogenerated2-33 Services allied to finance:Badan Pust Statistik provisionally valued other services allied to finance industry at 2,006,300 million rupiahs in 2011 thus registering over 82% growth since 2008. Banking Sector:Badan Pust Statistik provisionally valued the banking industry at 97,708,300 million rupiahs in 2011 thus registering over 31% growth since 2008. Indonesia has 122 commercial banks (May 2010), of which 10 are majority foreign-owned and 28 are foreign joint venture banks. The top 10 banks control about 64% of assets in the sector. Four state-owned banks control about 36.3% of assets (May 2010). The Indonesian central bank, Bank Indonesia (BI), announced plans in January 2005 to strengthen the banking sector by encouraging consolidation and improving prudential banking and supervision. In October 2006, BI announced a single presence policy to further prompt consolidation. The policy stipulates that a single party can own a controlling interest in only one banking organization. Controlling interest is defined as 25% or more of total outstanding shares or having direct or indirect control of the institution. BI planned to adopt Basel II standards beginning in 2009 and to improve operations of its credit bureau to centralize data on borrowers. Another important banking sector reform was the decision to eliminate the blanket

guarantee on bank third-party liabilities. BI and the Indonesian Government completed the process of replacing the blanket guarantee with a deposit insurance scheme run by the independent Indonesian Deposit Insurance Agency (also known by its Indonesian acronym, LPS) in March 2007. The removal of the blanket guarantee did not produce significant deposit outflows from or among Indonesian banks. Sharia banking has grown in Indonesia in recent years, but represented only 2.66% of the banking sector, about $7.9 billion in assets as of May 2010. Central Bank Discount rate 6.46% (31st Dec, 2010) Country comparison to the world: 40 10.83% (31st Dec, 2009) Commercial bank prime lending rate 14.6% (31st Dec, 2010) Country comparison to the world: 57 13.6% (31st Dec, 2009)

OVERVIEW

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INTERNATIONAL LEVEL

The Policies on Manufacturing and Trade Development in manufacturing and trade refers to the Basic State Guidelines (GBHN) of 2000-2004, with a vision to develop the people's economy as a backbone of national development. In this context, the strengthening of long-andmedium term economic development, the development in manufacturing and trade primarily on agro-industry is directed towards utilizing national resources. The short-term economic development is focused on the increase of non-oil and gas export, development of small-and-medium-scale enterprises (UKM) and improvement of production of goods and services. The policy on exports is directed towards augmenting non-oil and gas exports as an effort to gain foreign revenues. They include among other: a. To increase foreign competition of export commodities by enlarging export structures from primary product upstream products as well as by expanding market export destination. b. To develop superior products having competitive edge, among others by modernizing product processing system in industries in the eastern region of Indonesia. c. To improve business sector capability to enter global market through enhancement of knowledge in export procedures and requirements, and socializing prevailing statutory regulations to the business partner's countries. d. To encourage Indonesia's export banks and other banking institutions to improve the realization of trade financing as well as the utilization of counter trade mechanism. e. To follow up on deregulation and de-bureaucratization process in the field of foreign trade to remove obstacles, as to simplify exporting procedures that leads to market strength. Moreover to improve international trade cooperation in

standardization technique, to reduce obstacles in exports and prevent the practices of holding orders detention and implement automatic detention. f. To develop and implement export-import information system and network in order to accelerating information flow to domestic business until regional / city level and to overseas. g. To optimize utilization of export processing zones and to develop Integrated Economic Development Zone (Kawasan Ekonomi Terpadu - KAPET). h. To develop export development institutions by reactivating Indonesia Trade Promotion Centers (ITPC) and to activate the role and reposition industrial and trade attaches in undertaking promotion activities and conducting business intelligence. i. To develop cross-border trading activities in the context of accelerating international market access. j. To develop the existing inter-institutional and supervisory institutional cooperation networks and synergy both at home and abroad. Domestic Trade Policy The policy of domestic trade covers efforts to accelerate good distribution in order to stabilize prices and control inflation rate. It also aims to expand marketing of domestic production in the context of augmenting producer trade income, securing consumer protection, improving business acumen in implementing partnership in the context of a fair business competition as well as expanding access of information. Overseas Trade Policy To determine the annual exports target, the policies were discussed with Senior Officials of the government (economic ministerial level). The Government encourages the analyses concerning potential of generating foreign exchange and earnings primary export commodities; arranging a comprehensive export to increase programs; disseminating international price and information on primary export Commodities through mass media; improving the role of associations to

augment exports by taking actual steps in improving the association's capabilities in searching alternatives not contrary to the World Trade Organization (WTO). International Industrial and Trade Cooperation The Government has been playing an active role in multilateral convention to strengthen Indonesias position at the international level as well as to gain facilities for domestic businesses in gaining access to international markets. The Government had strived to reduce trade barriers in the form of tariff and nontariff, to smoothen the countrys export flow; take part on trade disputes settlement in the WTO panels; as coordinator for commodity cooperation organizations, such as the International Rubber Organization (INRO), Association of Natural Rubber Producing Countries, International Pepper Community (IPC), and the Asia Pacific Coconut Community (APCC). Regional cooperation has been maintained among other things through the Nineteenth Session of the Coordinating Committee on Services, Study on Liberalization in other regions, such as the North American Free Trade area (NAFTA). The National Export Development Board (NAFED) NAFED strive markets penetration to maintain, improve and expand export segments, both in traditional and non-traditional markets or new markets by conducting intensive lobbies. It also aims to send trade and investment missions to participate in international trade expositions, as well as development coordination with international expositions promotion agencies overseas. Data services and information on trade, such as country profile, exporters profiles, importers profiles, commodities, exhibition profile, market survey, market brief, inquiries and several other market information are distributed through off line network (especially for domestic of small-and-.medium scale enterprises). They are also distributed through online (http://www.nafed.go.id). Both are designed to promote domestic business circles activities and products.

Commodity Exchange Supervisory Board The Government is trying to keep on improving the activities of development and promotion of periodical trade undertakings managed by commodities periodical stock-exchange, privately owned companies, Private Corporation optimizing the utilization of export processing zones and developing integrated economic development zones (KAPET). They are also giving wider role to small enterprises in distributing primary and raw materials and industrial products as well as helping small-and-medium scale enterprises (UKM) in marketing and promoting their products in domestic and overseas markets.

PRESENT TRADE RELATIONS & BUSINESS VOLUME OF DIFFERENT PRODUCTS WITH INDIA
Framework of Trade Relation (India- Indonesia): Trade relations between India and Indonesia go back to ancient times, contributing to the historical and civilization affinities between the two countries. In the modern era, trade relations were formalized under a Trade Agreement signed in June, 1978 committing both countries to take all appropriate measures to facilitate, strengthen and diversify bilateral trade. Periodic discussions have taken place at the Ministerial and official levels to strengthen economic and commercial ties within the framework of this agreement. JBC/business level meetings have also been convened periodically, particularly in conjunction with high level visits. However, no forum for regular talks over a range of cooperative issues with Indonesia existed during the Soeharto years and only a bilateral Agreement on Avoidance of Double Taxation between the two countries was concluded in January, 1986. An Agreement for the Promotion and Protection of Investments, which was signed in February, 1999, came into force in January, 2004. The first ever IndiaIndonesia Joint Commission Meeting (JCM) was held in Yogyakarta in September, 2003. Apart from taking major decisions to promote bilateral economic and commercial relations in various fields, the JCM decided to constitute an India- Indonesia Expert Working Group with the specific mandate of reporting to the JCM with concrete recommendations for enhancing and diversifying bilateral trade, economic and investment relations. This Expert Working Group held its first meeting in New Delhi on 24 February, 2005. The Second Meeting of JCM was held in New Delhi on 1 March, 2005. Specific areas for enhancement of bilateral trade and economic relations were identified. The Third JCM was held in Jakarta from 16- 19 June 2007 in which a comprehensive

Plan of Action in all areas including cooperation in economic, trade, industrial and infrastructure, financial and investment sectors was agreed upon. KADIN is the apex and the only Indonesian Chamber of Commerce & Industry with a sizeable presence at the federal level and outreach in the Provinces. During the visit of President SBY to India in 2005, KADIN decided to have a India Committee which would be a specialized body for promoting bilateral economic relations between India and Indonesia and work to enhance interaction between the Chambers of Commerce and Industry of the two countries and promote individual business interests of the private sector. KADIN signed a MoU with FICCI in November 2005 to achieve this objective. KADIN India Committee was formally launched in November 2006 with Mr. S.P. Lohia as its Chairman. The Committee has three member Advisory Board and over 40 members including the Executive Office bearers. In order to spur growth and attract investment, the Government of Indonesia organized the Indonesia Infrastructure 2006 from 1-3 November, 2006 at Jakarta with the agenda titled A World Forum A National Priority. This was a second conference and exhibition of its kind. The first one titled Indonesia Infrastructure Summit 2005 was held in January of that year. India was conspicuous by its absence in the first Summit. However, in the second event, Indian participation was quite encouraging. Four companies namely, BHEL, TCS, Punj Lloyd and ESSAR exhibited in Indonesia Infrastructure 2006 and many more such as ICICI, IDFC, and NTPC etc. were present in the conference. Bilateral trade: Indonesia is our second largest export market in ASEAN (after Singapore) and one of our major trading partners in the region. The recovery of the Indonesian economy after the Asian financial crisis coupled with political change gave a fresh lease of life to our economic relations. Our Prime Ministers visit to Indonesia in April 2005 for Asian-African Summit soon followed by President

SBYs visit to India in November 2005 acted as a catalyst in enhancing our bilateral trade. During 2004, the bilateral trade expanded by 36% to reach US$ 3.27 billion and got a further boost of 20.90% in 2005 to reach US$ 3.93 billion. The growth rate has been sustained in the year 2006 by a quantum jump of 22.08% which has brought the two-way trade to US$ 4.798 billion. In 2007 bilateral trade reached US$6.55 billion or an increase 36.6% from the previous year. However, there remains vast untapped potential for future growth. The net balance of trade is in favour of Indonesia, as India is Indonesias largest buyer of Crude Palm Oil (CPO) and an importer of its mining (particularly coal and copper ore), petroleum, rubber, pulp & paper and textile products. India exports refined petroleum products, hydrocarbons and its derivatives, animal feeds, iron and steel products, cotton, copper and dyes & chemicals to Indonesia. Bilateral trade during From Jan to Dec 2008 rose by 53.5% to reach US$ 10 billion as compared to the same period in 2007. Indias overall exports registered an increase of 80% to reach US$ 2.9 billion. Indias leading exports include Petroleum products (refined), hydrocarbons & derivatives, animal feed and Telecommunication equipment & parts. Indias imports have registered an increase of 45% to reach US$ 7.1 billion. Indias leading imports include vegetable oils and coal. Bilateral trade was down by 12.8% during Jan-Mar 2009 as compared to the same period in 2008. There has been a steady increase in the number of persons traveling to India from Indonesia and also from India to Indonesia. Regarding travel from Indonesia to India, our Embassy issued 8,038 visas to Indonesians in 2004, 8227 in 2005 and 8797 in 2006, which reflects a steady increase of 2.35% and 6.92% respectively. Likewise, the total number of business travelers from Indonesia to India in the last 8 three years has been 2,672 in 2004, 3,409 in 2005, 4103 in 2006, 4889 in 2007 and 5345 in 2008. This reflects an increasing trend of people-to-people contact between the two countries with many more Indonesians visiting India than in the past. The visa-on-arrival facility extended by the

Indonesian Government to India in August 2005 has also given a fillip to easier travel from India to Indonesia. Recent Bilateral Visits: -

Indonesia to India H.E. Mr. Hassan Wirajuda, Foreign Minister of Indonesia visited India in March 2005 for the 2nd JCM held in New Delhi. The Indonesian Minister of Trade Mari Elka Pangestu visited India in August, 2005. A joint FICCI KADIN Joint Business Council Meeting was held in New Delhi during the visit. The Indonesian Agriculture Minister Mr. Anton Apriyantono visited India in March 2005 for G-20 Meeting. Vice President Jusuf Kalla headed a business delegation to India (Delhi & Mumbai) in January-February 2007. He had interactions with both FICCI and CII and visited the steel plant of Indo-Ispat near Mumbai. Indonesian Health Minister, Dr. Siti Fadillah Supari visited India from 4-5 December, 2007 as head of 10member delegation to attend the Ministerial Conference on Avian and Pandemic Influenza in New Delhi. Indonesian Minister of Trade H.E. Ms. Mari Elka Pangestu led a delegation consisting over 50 delegates representing Government and business interests to Mumbai and New Delhi to attend the Partnership Summit 2008 sponsored by CII from 16-18 January, 2008.

India to Indonesia Conferences & other delegations A delegation from the Planning Commission of India visited Jakarta on 6th Feb 2009 and held talks with the National Planning Agency of Indonesia. The Indian delegation also visited Bali and held discussions with the

Provincial Planning Agency of Bali. The 42nd annual meeting of ADB was held from 2nd 5th May 2009 in Bali, Indonesia. A delegation headed by H.E. Mr Ashok Chawla, Secretary (EA) Finance, Govt of India, attended the meeting. A delegation headed by Shri T.Nanda Kumar, Secretary, Ministry of Agriculture visited Indonesia for participation in the High level Joint Working Group Meeting from 25 29 April 2009. During their stay, the delegation visited the livestock research centre in Bali and held bilateral meetings with their counterparts in Jakarta. The delegation also had the opportunity to visit the Center of Agriculture R& D in Bogor, West Java. Buyer & Seller Meets Chemical and Capexcil Buyer Seller Meet The Embassy of India in coordination with the CAPEXCIL (Chemicals & Allied Products Export Promotion Council), and CHEMEXCIL (Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council) organized a Buyer and Seller Meet on 11 February 2009 at the Gran Melia Hotel. The Buyer Seller Meet was a success with attendance of over 100 businessmen from prominent Indonesian companies. A Delegation comprising of more than 13 businessmen from raw products, India herbal attended the meet, healthcare showcasing formulations, products, pharmaceutical dermatological materials, pharmaceutical medicines,

formulations for animals etc. During their visit, the Embassy facilitated their meetings with the officials at the registration authorities for Food and Drug as well as the Ministry of Health. A 16 member delegation from The Solvent Extractors Association of India (SEA) held a buyer seller meet on 3rd June 2009 at Four seasons Hotel, Jakarta. The delegation comprised of exporters of oil meals such as soya meal, rape seed meal etc used as ingredient in animal feed. A number of Indonesian and multinational companies attended the Meet.

Non-tariff Barriers: Non-tariff barriers on the following Indian products have been imposed by Indonesia: Bovine Meat & Skimmed Milk Products Banned because of FMD; Wheat Flour 11.4% till the end of 2010; Uncoated Writing Paper and Printing Paper 6.19% to 40.13% till November 2009; Hot Rolled Coil 0 56.51% till February 2012. Indonesia has banned Indias bovine meat products and milk products on the ground that India is not free from Foot & Mouth Disease (FMD) even though India is one of the largest exporters of halal bovine meat in the world and exports deboned and deglanded frozen bovine meat to 64 countries including several which are FMDfree such as Mauritius, Philippines, Malaysia in South-East Asia. As per the OIE guidelines, international trade in deboned and deglanded frozen bovine meat prepared in accordance with the International Animal Health Code ensures against any risk of transmission of FMD virus. The OIE Charter is signed by 164 member countries including India and Indonesia. Each signatory is obliged to practice OIE tenets and avoid insertion of its own phyto sanitary conditions. Similarly, Indonesia banned import of Skimmed Milk Products (SMP) from India in 2005 on the similar grounds that India is not free from FMD. FMD virus is not transmitted through milk 12 products and India has been exporting SMP to several countries including Indonesia in the past.

Indonesian Government had imposed a 14% anti-dumping duty on the import of Ampicillin Trihydrate and Amoxicillin Trihydrate from India till the end of 2008. Now it has been discontinued. Indonesia has imposed an anti-dumping duty of 11.40% on the sourcing of wheat flour from India over and above 5% duty on the product from India. This additional tariff of 11.40% will be operative till November 2010 which has practically dried up sourcing of Indian wheat flour in Indonesian market. Indonesia has imposed 0 56.51% anti dumping duty on the import of hot rolled coil from India till February 2012. An anti-dumping duty of 6.19% to 40.13% has been imposed on uncoated writing and printing paper from November 2004 till November 2009. However, India is importing large quantities of waste paper, pulp and paper & paper board from Indonesia. There was also an anti-dumping duty of 11% on import of Carbon Black from India which has discontinued. The import of Polyester Staple Fiber (PSF) from India is under investigation by the Anti Dumping Committee of Indonesia.

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