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Indonesia and China agreed to lift import duty on cocoa and chili powder, in a bid to increase trade volume of the two countries, a leadingnewspaper reported in Jarkata Saturday. China aerial lift Uber Cup for fourth in a row. font size.
Indonesia will reduce import tariff on chili powder from China from ten percent to zero percent and China will decrease import duty on cocoa from Indonesia from 15 percent to zero percent, the Kompas daily report says.
he removal of the import duty was agreed upon in the Memorandum of Understanding signed by Indonesian minister of trade, Mari Elka Pangestu, and her Chinese counterpart, Bo Xilai, during a meeting in Nusa Dua, Bali, on Friday.China Lift catalog and Lift manufacturer directory.
The agreement was signed as part of the framework of the Joint Commission on Economic, Trade and Technical Cooperation between Indonesia and China.
"Since long time we have struggled to obtain import duty of zero percent on cocoa export to China, we offer zero percent import tariff on chili powder from China," said Indonesian Trade Minister Pangestu.
Indonesia, China aerial lift import duty on cocoa, chili powder