Vice President Jusuf Kalla (JK) confirms the rules regarding the use of letters of credit in the country, known as the Letter of Credit (L / C) will be honored Earlier, Director of Program Development of Mineral and Coal, Sujatmiko express refusal to use the L / C by a mining company motivated because many companies have had a long-term contract with using telegraphic transfer (TT) which is considered to be accountable in the record amount of foreign exchange and export figures. Although the company and the Ministry of Commerce has agreed on several provisions, but both sides will return to discuss in more detail a number of issues regarding the obligation the use of L / C. "If there are problems in its implementation, will be evaluated per case and per company are decided by the Ministry of Trade. If there is an exception, then after the contract of sale is completed the company must use the L / C," said Sujatmiko.
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