Govt. Ready to Overhaul Trade Remedy Framework: Antidumping and Countervailing Duties Set for Minimum of Three Years

In an effort to improve Indonesia’s trade defense regime and ensure its continued alignment with recent legislative developments and international obligations, the government is currently completing work on the new Draft Regulation of the Government  (“Draft Regulation”) on Safeguard, Antidumping and Countervailing Measures (collectively referred to as “Trade Remedy Measures”).[1] If it is ultimately enforced, then this new Draft Regulation will repeal and replace the existing framework of Regulation of the Government No. 34 of 2011, which bears the same title as the Draft Regulation (“Regulation 34/2011”).[2]