Indonesia Seeks To Take Advantage Of Trade War
Posted On
October 16, 2019
Indonesian President Joko Widodo said that his country can take advantage of the U.S.-China trade war by promoting the Indonesian timber and furniture industries. Policies crafted to support his plan include value-added tax exemptions for logs and loosening certain licensing requirements of the timber legality assurance system (SVLK).
Resource:
Global Wood Markets Info: Indonesian timber and furniture industry seeks to take advantage of the US-China trade war