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 remain in effect from 1 April 2015. However JK said, for companies minerals, coal, oil and gas up (oil and gas) that has a clear and accountable contract will be excluded in terms of use of L / C. "During the export of minerals, oil and clear contract, (obviously) the inflow of funds, may be an exception," said JK sidelines of his working visit in Jambi, Saturday (28/3). The statement is like to address concerns JK Kemeterian ranks of Energy and Mineral Resources (ESDM) which last week said it will submit an application to the Ministry of the trade following the publication of the Regulation No. 4 2015 on the obligation to use the L / C for mining companies exporting commodities. Even so, JK said, not mandatory rules of the use of the L / C are only valid for the mining company. In other words, a mining company is not following companies accountable processing of crude palm oil (crude palm oil / palm oil) are still required to use the L / C at the time to export its products.
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