(AFX UK Focus) 2010-05-31 04:09 UPDATE 1-Indonesia evaluating coal export letters of credit

(AFX UK Focus) 2010-05-31 04:09 UPDATE 1-Indonesia evaluating coal export letters of credit
NUSA DUA, Indonesia, May 31 (Reuters) – Indonesia, the world’s largest thermal coal exporter, is evaluating whether it still needs to introduce letters of credit for coal exports, Mahendra Siregar, vice trade minister, said on Monday. “The plan was to improve the import and export environment, the conditions at the time needed an increase of foreign exchange flow. But now things have started to …

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