Tuesday, 07 August 2018 16:26

Indonesia and Palestine Sign the Elimination of Export Rates for Dates and Olive Oil

Written by 
Rate this item
(1 Vote)
Indonesian Trade Minister Enggartiasto Lukita Indonesian Trade Minister Enggartiasto Lukita VOI-REZHA

Indonesia and Palestine sign the Implementing Agreement (IA) in a Memorandum of Understanding (MoU) on Granting of Preference for the elimination of import duties for dates and virgin olive oil from Palestine. The signing was made by the Indonesian Minister of Trade Enggartiasto Lukita and the Palestinian Ambassador to Indonesia Zuhair Al-Shun in Jakarta, Monday (6/8). After the signing, Enggartiasto said that currently Indonesia and Palestine are preparing a collaboration in the form of a Preferential Trade Agreement (PTA).

The Minister of Trade of the Republic of Indonesia, Enggartiasto Lukita

 

"We have just signed a follow-up to the agreement that has been made between Indonesia and Palestine and this is a follow-up to the arrangement or the Implementing Agreement which will automatically be valid for one month from now and that is in accordance with the applicable provisions. Then in the previous discussion, both of usbasically have agreed to improve, prepare the PTA between Indonesia and Palestine," said Enggartiasto..

The Implementing Agreement (IA) document is a technical guide to the MoU for the elimination of zero percent import duties for dates and olive oil from Palestine to Indonesia. The signing of the document is a follow-up to the ratification of a memorandum of understanding between Indonesia and Palestine. According to Enggartiasto, the memorandum of understanding is a mandate from the establishment of instruments to facilitate exports from Palestine by eliminating import duties to Indonesia. This is also a form of Indonesian people's support for the Palestinians, especially in improving the economy of the Palestinian people. The memorandum of understanding for the elimination of Palestinian import duties for palm oil and olive oil into Indonesia were signed by Indonesian Minister of Trade Enggartiasto and Palestinian National Economic Minister Abeer Odeh on December 12, 2017. The signing was held during bilateral meetings between Indonesia and Palestine on the sidelines of the 11th Ministerial Conference of the World Trade Organization (WTO) in Buenos Aires, Argentina. (VOI/Rezha/AHM)

Read 116 times Last modified on Tuesday, 07 August 2018 16:37