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USTR considers Indonesia as a developed country

24 February 2020 09:57

JAKARTA. The United States, through the US Trade Representative (USTR), revised its list of developing countries in international trades, including Indonesia.

Some countries that were originally on the list of developing countries such as China, Brazil, India are now considered as developed countries, including Indonesia and South Africa. The USTR announcement was quoted from The Star on Sunday (23/2).

The revised list is actually to make it easier for the United States to investigate these countries, to find out if there are unfair export practices, such as the provision of subsidies for certain commodities.

USTR announced the revision of this list on 10 February, saying that its reason to consider Indonesia and China as developed countries is that its benchmark was out of date. To update the data, USTR claimed to consider several factors ranging from economic growth and global trade activities. (AM/AR)

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