Law of the Republic of Indonesia No. 7 of 2014 about Trade.
Country
Type of law
Legislation
Abstract
This Law, consisting of 122 articles divided into XIX Chapters, provides for the Law on Trade. In this Act referred to as: 1. Trade is the order of the activities related to the transaction of goods and/or services in the country and beyond the borders of the country with the purpose of transfer of rights to the Goods and/or Services to obtain rewards or compensation. 2. Domestic Trade is the Sale of Goods and/or Services within the territory of the Republic of Indonesia, which does not include the Foreign Trade. 3. Foreign Trade is trade that includes export activities and/or Import of Goods and/or Services trade beyond the borders of the country. 4. Border Trade is trade conducted by Indonesian citizens residing in border areas of Indonesia with a population of neighbouring countries to meet their daily needs. Trade policy is based on the principle: a. national interests; b. legal certainty; c. fair and healthy; d. business security; e. accountable and transparent; f. independence; g. partnerships; h. expediency; i. simplicity; j. togetherness; and k. environmentally sound.
Setting Trading activities aimed at: a. increase national economic growth; b. improving the use and Trade Domestic Product; c. increase business opportunities and create jobs; d. ensure smooth distribution and availability of basic needs goods and essential goods; e. improve facilities, facilities, and infrastructure Trade; f. promoting partnerships between large enterprises and cooperatives, micro, small, and medium enterprises, as well as government and private; g. improve product competitiveness and national efforts; h. improve the image of Domestic Product, market access and national exports; i. increase trade based product creative economy; j. improve consumer protection; k. increase the use of SNI; l. improve the protection of natural resources; and m. improve oversight of Goods and/or Services are traded. Part Five deals with the Prohibition and Restrictions on Exports and Imports, in particular to protect the health and safety of humans, animals, fish, plants, and the environment.
Setting Trading activities aimed at: a. increase national economic growth; b. improving the use and Trade Domestic Product; c. increase business opportunities and create jobs; d. ensure smooth distribution and availability of basic needs goods and essential goods; e. improve facilities, facilities, and infrastructure Trade; f. promoting partnerships between large enterprises and cooperatives, micro, small, and medium enterprises, as well as government and private; g. improve product competitiveness and national efforts; h. improve the image of Domestic Product, market access and national exports; i. increase trade based product creative economy; j. improve consumer protection; k. increase the use of SNI; l. improve the protection of natural resources; and m. improve oversight of Goods and/or Services are traded. Part Five deals with the Prohibition and Restrictions on Exports and Imports, in particular to protect the health and safety of humans, animals, fish, plants, and the environment.
Attached files
Web site
Date of text
Entry into force notes
This Act enters into force on 11 March 2014.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
Undang-Undang Republik Indonesia Nomor 7 Tahun 2014 Tentang Perdagangan Dengan Rahmat Tuhan Yang Maha Esa.
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