a. that in an effort to enhance comprehensive economic cooperation among ASEAN Member Countries and the Republic of Korea, the Government of the Republic of Indonesia has ratified the Framework Agreement on the Comprehensive Economic Cooperation Among the Government of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea under Presidential Regulation No. 11/2007;
b. that in order to follow up on the framework agreement as intended in a., the Government of the Republic of Indonesia has ratified the Agreement on Trade in Goods Under the Framework Agreement on Comprehensive Cooperation Among the Government of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea under Presidential Regulation No. 12/2007;
c. that based on the modalities contained in the agreement as intended in b. timetable for the reduction of customs tariff within the framework of ASEAN-Korea Free Trade Area (AK-FTA) has been set;
d. that based on considerations as intended in a., b., and c. and in an effort to implement provisions in Article 13 paragraph (3) of Law No. 10/1995 concerning Customs as amended by Law No. 17/2006, it is necessary to stipulate a Regulation of the Minister of Finance concerning Stipulation of Import Duty Tariff Within the Framework of ASEAN Korea Free Trade Area (AK-FTA);
1. Law No. 10/1995 concerning Customs (Statute Book No. 75/1995, Supplement to Statute Book No. 3612) as amended by Law No. 17/2006 (Statute Book No. 93/2006, Supplement to Statute Book No. 4661);
2. Presidential Regulation No. 11/2007 concerning the Ratification of Framework Agreement on the Comprehensive Economic Cooperation Among the Government of the Member Countries of the Association of Southeast Asian Nations and the. Republic of Korea (Statute Book No. 51/2007);
3. Presidential Regulation No. 12/2007 concerning the Ratification of Agreement on Trade In Goods Under The Framework Agreement on The Comprehensive Economic Cooperation Among The Government of The Members Countries of The Association of South East Asian Nations and The Republic of Korea (Statute Book No. 52/2007);
4. Presidential Decree No. 20/P/2005;
5. Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Imposing Duties on Imported Goods that is several times amended the latest by Regulation of the Minister of Finance No. 233/PMK.011/2008;
REGULATION OF THE MINISTER OF FINANCE CONCERNING STIPULATION OF IMPORT DUTY TARIFF WITHIN THE FRAMEWORK OF ASEAN-KOREA FREE TRADE AREA (AK-FTA)
(1) To stipulate the import duty tariff on the import of goods from the Republic of Korea and ASEAN member countries within the framework of ASEAN-Korea Free Trade Area (AK-FTA) for 2009 until 2012 period. It is in Attachment to this Regulation of the Minister of Finance that is an integral part of this Regulation of the Minister of Finance.
(2) The customs tariff as set in columns (5), (6), (7) and (8) in Attachment to this Regulation of the Minister of Finance shall constitute the import duty tariff within the framework of ASEAN-Korea Free Trade Area (AK-FTA) on the import of goods from all member countries and begin to take effect on January 1 every year.
(3) The import duty tariff as set in column (9) of Attachment to this Regulation of the Minister of Finance shall constitute the customs tariff within the framework of ASEAN-Korea Free Trade Area (AK-FTA) on the import of goods from the Republic of Korea as the application of reciprocal principles.
(4) As long as the import duty tariff is set in column (9), the import of goods from the Republic of Korea shall be exempted from provisions on the customs tariff as intended in paragraph (2).
Provisions in Article 1 shall be implemented as follows:
This Regulation of the Minister of Finance shall apply to the imports of goods whose import notifications have obtained registry numbers from the customs office at the port of entry.
At the time when this Regulation of the Minister of Finance begins to take effect, Regulation of the Minister of Finance No. 41/PMK.011/2008 concerning the Import Duty Tariff within the Framework of ASEAN-Korea Free Trade Area (AK-FTA) shall be declared null and void.
This Regulation of the Minister of Finance shall come into force as from January 1, 2009.
For public cognizance, this Regulation of the Minister of Finance shall be announced by placing it in the State Gazette of the Republic of Indonesia.
Stipulated in Jakarta
on December 23, 2008
THE MINISTER OF FINANCE
signed
SRI MULYANI INDRAWATI