Evaluating the Shift in Incoterms for Indonesian Export Products
The Ministry of Trade (MoT) of Republic of Indonesia has requested the support of the World Bank in devising new and improve trade related policies for the benefit of the Indonesian economy. The MoT - with the help of the World Bank - has identifie...
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| Language: | English |
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World Bank, Surabaya
2018
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| Online Access: | http://documents.worldbank.org/curated/en/210851540824736420/Evaluating-the-Shift-in-Incoterms-for-Indonesian-Export-Products-Final-Report http://hdl.handle.net/10986/30951 |
| Summary: | The Ministry of Trade (MoT) of Republic
of Indonesia has requested the support of the World Bank in
devising new and improve trade related policies for the
benefit of the Indonesian economy. The MoT - with the help
of the World Bank - has identified a number of areas where
there is a needto fill knowledge gaps in order to inform
policy-making. One of the identified areas is promoting
“beyond cabotage” under the assumption that changing term of
delivery from FOB to CIF will promote the Indonesian flag
vessels which in turn the Indonesian economy will be
benefited. To that end the World Bank has mandated PT. ITS
Kemitraan to develop a study on evaluating the shift in term
of delivery from FOB to CIF for Indonesian export products
under the supervision of World Bank staff. The study should
evaluate four commodities, such as Crude Palm Oil (CPO),
coal, rubber and shrimp, where these commodities are known
as the main Indonesian export products.This study aims to
evaluate the shift in terms of delivery on four key export
commodities as well as to explore the advantages and
disadvantages of changing the terms of delivery. Due to
difference in characteristics of each export product, then
we present the analysis based on the commodity. Overall, we
also provide conclusion and recommendation in accordance
with the entire analysis results. On behalf of all partners,
we would like to thank for your cooperation andcontribution.
We wish you a good reading of this final report. We look
forward to receiving the positive comments and the valuable
feedbacks to improve the results of this study. |
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