AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.12 Increased By ▲ 0.07 (1.39%)
CNERGY 4.42 No Change ▼ 0.00 (0%)
DFML 37.72 Increased By ▲ 1.88 (5.25%)
DGKC 91.24 Increased By ▲ 3.24 (3.68%)
FCCL 22.60 Increased By ▲ 0.40 (1.8%)
FFBL 32.95 Increased By ▲ 0.23 (0.7%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 11.08 Increased By ▲ 0.28 (2.59%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 136.05 Increased By ▲ 0.21 (0.15%)
HUMNL 10.01 Increased By ▲ 0.17 (1.73%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 40.60 Increased By ▲ 0.72 (1.81%)
OGDC 137.90 No Change ▼ 0.00 (0%)
PAEL 26.60 Increased By ▲ 0.17 (0.64%)
PIAA 25.87 Decreased By ▼ -0.41 (-1.56%)
PIBTL 6.77 Increased By ▲ 0.01 (0.15%)
PPL 123.34 Increased By ▲ 0.44 (0.36%)
PRL 26.89 Increased By ▲ 0.20 (0.75%)
PTC 13.96 Decreased By ▼ -0.04 (-0.29%)
SEARL 58.99 Increased By ▲ 0.29 (0.49%)
SNGP 70.22 Decreased By ▼ -0.18 (-0.26%)
SSGC 10.40 Increased By ▲ 0.04 (0.39%)
TELE 8.60 Increased By ▲ 0.04 (0.47%)
TPLP 11.20 Decreased By ▼ -0.18 (-1.58%)
TRG 64.40 Increased By ▲ 0.17 (0.26%)
UNITY 26.10 Increased By ▲ 0.05 (0.19%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,857 Increased By 19 (0.24%)
BR30 25,564 Increased By 104.4 (0.41%)
KSE100 75,150 Increased By 219.5 (0.29%)
KSE30 24,177 Increased By 31.1 (0.13%)

wto4444TOKYO: Japan is lobbying Indonesia to end curbs on metal exports, but is not planning at this time to lodge a complaint with the World Trade Organisation, a Japanese official said on Friday.

Over the past month, there have been several media reports that Japan is seeking WTO intervention after Indonesia, one of the world's top nickel ore producers, announced a raft of new mining regulations, including a ban on some unprocessed metals exports from May.

Japan is a major importer of Indonesian nickel and thermal coal.

"We have not under any circumstances suggested to the Indonesian government that Japan is planning to file a complaint to the WTO during our bilateral talks on the 2014 export restrictions plan," said an official at Japan's trade ministry who declined to be identified because of ministry regulations.

"We are seeking solutions to the issue through measures other than the WTO route," the official said, adding that if Indonesia's export ban is found to contravene WTO rules, Japan may consider a complaint.

Deddy Saleh, director general of foreign trade at Indonesia's Trade Ministry, also said talk of a Japanese complaint to the WTO was premature.

The Indonesian government in May ordered all miners to submit plans to build local smelters or process ore domestically by 2014, when a total ban on raw mineral exports kicks in. It also imposed a tax of 20 percent on ore exports.

Copyright Reuters, 2012

Comments

Comments are closed.