INDONESIA AS NEW EMERGING MARKET

Wednesday, April 25, 2007

GOVT TIGHTENS IMPORT OF COPYING MACHINES AND COLOR PRINTERS

Govt tightens import of copying machines and color printers
April 24, 2007

Jakarta (ANTARA News) - The trade ministry has tightened the import of color multi-functional machines such as those for printing, copying and facsimile transmission to prevent falsification of bills and other securities.

Under the trade minister`s decree No 15 2007, the three kinds of machines could only be imported by licensed importers.

To get such license of importers must make an application to the directorate general of foreign trade. The license is valid for two years but can be extended.

Under the decree signed on March 30 2007, the licensed importers must get a permit before importing the products specifying the number, type, specification, ports of destination and origin.

The permit is valid for six months and it may be obtained by submitting an application along with an import plan signed by the company`s executive in charge and a recommendation from the directorate general of transportation and telecommunications and information equipment industry.

The companies are required to report their imports once in every three months or whenever required. The products will be verified at the country of loading by a surveyor appointed by the minister.(*)

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