Jakarta, April 18 -- The Indonesian government intends to offer facilities and incentives to US companies operating in the country to smooth the ongoing negotiations over the new 32 percent import tariff.

"We will certainly offer incentives and facilitate permit-obtaining processes," Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto remarked at a press conference followed virtually from Jakarta on Friday.

While speaking in Washington, D.C., Hartarto announced the government's plan to form a deregulation team dedicated to simplifying rules and regulations to make business operations easier for investors.

According to the minister, Indonesia acknowledged that complex domestic regulations had been obstructing trade ...