On June 25, the Indonesian government announced two new protection policies to safeguard the local textile industry from a rise in imports. The measures include the Safeguard Measures Import Duty (BMTP) and the Anti-Dumping Import Duty (BMAD).

Finance Minister MulyaniIndrawati stated that these policies aim to prevent significant losses in the domestic industry caused by an influx of imported textiles that compete directly with local products. The BMTP will act as a state levy to mitigate threats to domestic manufacturers, while the BMAD will serve as an additional import duty.

The decision, endorsed by President JokoWidodo, came after a cabinet meeting at the Presidential Palace in Jakarta. Minister of Trade ZulkifliHasan emphasized the urgency of these regulations, which align with the directives of the Minister of Trade and the Minister of Industry.

Statistics from Indonesia's first quarter of the year indicate a rising trend in textile and accessory imports. January saw an import value of $12.26 million, which increased to $20.87 million in February and further to $23.98 million in March. These figures underscore the necessity of the new protection measures to support local industries.