World Bank scornful of Indonesia’s mineral ore ban

(Reuters) – The World Bank delivered a blunt assessment of Indonesia ban on mineral ore exports on Tuesday, warning that it would hit trade and government revenue and risked undermining already weak investor sentiment towards Southeast Asia’s biggest economy.

Implemented in January, five years after the law was initially passed, the ban has been met with confusion in the mining sector.

Read more at: http://in.reuters.com/article/2014/03/18/indonesia-mining-worldbank-idINL3N0MF1HB20140318

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