Another Unclear Regulation

The new regulation on the import of textiles has several crucial weaknesses. It should only apply to goods as yet not produced domestically.

October 30, 2017

The Ministry of Trade should not be too hasty in implementing the new regulation on the import of raw materials for textiles. Without careful preparations, the decision to allow imports could cause even more problems for the government. An oversupply of raw materials would mean the downstream industry would find it difficult to overcome its stagnation.

Ministry of Trade Regulation No. 64/2017 allows not only producers, but also holders of general

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