Indonesian tire producers are proposing the government impose a 15% export tax on Indonesian rubber to prevent a possible domestic shortage.Indonesian tire producers are proposing the government impose a 15% export tax on Indonesian rubber to prevent a possible domestic shortage. Indonesia Indonesia (ĭn'dənē`zhə), officially Republic of Indonesia, republic (2005 est. pop. 241,974,000), c.735,000 sq mi (1,903,650 sq km), SE Asia, in the Malay Archipelago. is said to be concerned that the global supply of natural rubber will fall in the next few years. Indonesia is among the world's largest producers and exporters of natural rubber. It produces roughly 1.6 million tons of rubber annually, and ships about 80% of this to the export market. Other major exporters of rubber, including Thailand Thailand (tī`lănd, –lənd), Thai Prathet Thai [land of the free], officially Kingdom of Thailand, constitutional monarchy (2005 est. pop. 65,444,000), 198,455 sq mi (514,000 sq km), Southeast Asia. and Malaysia, are cutting down on rubber production, converting rubber estates into oil palm plantations PLANTATIONS. Colonies, (q.v.) dependencies. (q.v.) 1 Bl. Com. 107. In England, this word, as it is used in St. 12, II. c. 18, is never applied to, any of the British dominions in Europe, but only to the colonies in the West Indies and America. 1 Marsh. Ins, B. 1, c. 3, Sec. 2, page 64. and/or sites for other types of agribusiness agribusiness Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts. . |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion