Japanese auto makers claimed that Indonesia violates the international trade regulations of the World Trade Organization by providing preferential treatment to Kia Motor's Ltd. (KMC). Indonesian President Suharto gave a three-year tariff and tax concession to the national-car venture that was conducted between his son and KMC. Japan claims that the concession will allow KMC to sell its cars in the country at a cheaper price. Japanese ships refused to transport KMC cars to Indonesia in compliance to their government's protests.
TOKYO - Japan is poised to show the world a new face: free-trade ...
TOKYO - Japan is poised to show the world a new face: free-trade ...
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