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Indonesia’s Potential BRICS Partnership and The Implications for Trade
In an era marked by profound transformations in global economic governance, the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—has emerged as a driving force in advancing multilateralism. In October, Indonesia Foreign Minister Sugiono attended the BRICS Plus Summit in Kazan, Russia, to express Indonesia’s interest in joining the economic bloc.
Indonesia’s Anti-Dumping Duty on Chinese Ceramics
The Indonesian government has officially imposed high import duties on ceramic products from China as part of its anti-dumping measures. These duties were implemented through Minister of Finance Regulation (PMK) No. 70 of 2024, signed by Finance Minister Sri Mulyani on October 9, 2024. The regulation came into effect on October 14, 2024, and will remain valid for five years.
How Freight Forwarders Improve Supply Chain Resilience in Times of Disruption
Global trade and geopolitics are deeply intertwined, with political tensions and regional conflicts often shaping the flow of goods and influencing supply chain stability worldwide. Donald Trump returning as US President marks the beginning of a significant shift in the global mobility landscape, with potentially wide-reaching consequences for economies, international relations, trade, and business operations.
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