Indonesia scraps import duty for steel, cocoa, key industries


JAKARTA, Sept 23 (Reuters) - Indonesia will scrap import duties for some raw materials, including steel and cocoa beans, to help local industries cope with increasing costs due to higher fuel and commodity prices, the Industry Minister said on Tuesday. The government will pay the import duties for 10 industries, including iron and steel, cocoa-processing, automotive, dairy products, power plant contractors, electronics, and shipyards, Fahmi Idris said. "Rising fuel prices have increased ...

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