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Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy. The decision demonstrates that making restrictive trade agreements constitutes a high reputational and financial risk for both companies and the individual members of the management. Accordingly, it was concluded that the agreement constituted a violation of the Danish Competition Act, Section 6. Section 6 1. The court took into consideration that the agreement was entered into between competitors; that it was limiting the competition on the relevant market, which is considered as a serious breach of competition law; and that the agreement contained an agreed penalty in case one of the Parties engaged with a restricted customer. Trade Agreements And The Trade Agreement Trade Agreements And The Trade Agreement

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This is also an effort to increase the added value of each exported product," Lutfi noted in a statement here on Tuesday. However, the large surplus was owing to a sharp decline in imports. Exports in only dipped by 2. The top five export products clocking the highest positive growth during the period YoY were steel, at Indonesia is the second-largest producer of iron and steel in the world after China. In fact, over 70 percent of Indonesian steel was exported to China. In , jewelry products ranked fifth in Indonesia's non-oil and gas exports, with a contribution of 5. Almost 80 percent of the jewelry products had been exported to Singapore, Switzerland, and Japan. Furthermore, the government will continue to oversee and ensure the security of Indonesian products traded overseas through the application of trade diplomacy.

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Trade Agreements And The Trade Agreement

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