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Indonesia:APKINDO forecasting big drop in 2003 exports.

¡¾Sep. 9, 2003¡¿


Indonesia:APKINDO forecasting big drop in 2003 exports.

APKINDO is forecasting that Indonesia's exports of wood products could fall by about 50 per cent this year because of the various restrictions imposed by the government. By only allowing registered exporters to trade, APKINDO spokesman, Abbas Adhar, said exports will fall sharply.

In recent months the government of Indonesia has issued several new regulations aimed at eliminating illegal logging and smuggling. Analysts suggest the new regulations will only help reduce illegal logging and smuggling when regional administrations make a strong commitment to stamp out illegal activities.


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