Now they see FTA benefits

摘要

Some six months after the Asean-China free trade agreement (ACFTA) came into force, starting last January, Indonesian industrialists are beginning to rethink their early resistance to it. A fear widespread particularly among textile and clothing manufacturers was that low-cost textiles and clothing that were previously being smuggled into country to compete against local products would now come in legally and duty-free to claim an even larger share of the domestic market than before.