NOTIFICATION UNDER
ARTICLE 12.1(C)
OF THE AGREEMENT ON SAFEGUARDS
NOTIFICATION PURSUANT
TO ARTICLE 9, FOOTNOTE 2
OF THE AGREEMENT ON SAFEGUARDS
Indonesia
Fabrics
Supplement
The following
notification, dated and received on 9 August 2024, is being circulated at the request of the delegation of
Indonesia.
_______________
Pursuant
to Article 7.2 and Article 12.1(c) of the WTO Agreement on Safeguards, the
Republic of Indonesia hereby notifies to extend the imposition of a safeguard
measures in the form of specific safeguard duty on the importation of Subject
Good, for a period of 3 (three) years by the issuance of Minister of Finance's
Decree Number 48 Year 2024, promulgated in the Official Gazette of the
Republic of Indonesia Year 2024 Number 453 on 6 August 2024.
A. GENERAL BACKGROUND
On 12 August 2022 the Republic of
Indonesia notified the findings of investigation in which it was concluded that
the relevant safeguard measure needs to be extended, in particular, to prevent
or remedy serious injury suffered by the Applicant. The extension of such safeguard
measures will also give the Applicant the opportunity to continue their
adjustment program in order to improve the competitiveness of domestic industry
(_G/SG/N/8/IDN/23/Suppl.1 - _G/SG/N/10/IDN/23/Suppl.2).
It
was also indicated in the notification that the Investigating Authority was
proposing to the Government of the Republic of Indonesia, to extend the imposition of a safeguard
measures duty on the importation of the Subject Goods in
the form of specific safeguard duty.