Jakarta, June 30 -- Coordinating Minister for Economic Affairs, Airlangga Hartarto, has said that the relaxation of import regulations on 10 groups of commodities will not affect state revenue.

He informed that the deregulation is aimed at simplifying licensing for 482 types of goods belonging to the 10 commodity groups. Meanwhile, for import duty rates, the old rules will still apply.

"Regarding state revenue, we mostly handle bureaucratic licensing issues. We did not announce changes to import duty rates, so there is no impact on state revenue," Hartarto said here on Monday.

The deregulation of import policies is the first stage of efforts to address trade competition at the global level, which have been initiated at President Prabow...