Trade Minister Confirms No Changes in Export Activities Despite New Governance Policy

Jakarta:Trade Minister Budi Santoso has announced that the forthcoming export management policy for strategic natural resource commodities, to be implemented through PT Danantara Sumberdaya Indonesia (DSI), will not alter the existing business climate or operational export activities. The policy, set to take effect on January 1, 2027, designates PT DSI as the sole intermediary, but exporters will retain full flexibility in connecting with buyers, forming contracts, and shipping goods as usual.

According to Ministry of Trade of the Republic of Indonesia, the announcement was made during a socialization event for the Development of the Implementation of Foreign Exchange from Natural Resource Exports (DHE SDA) and Strategic Natural Resource Export Governance. The event, held on November 6, included participation from Coordinating Minister for Economic Affairs Airlangga Hartarto, Senior Deputy Governor of Bank Indonesia Aida Suwandi Budiman, and other key officials.

Trade Minister Busan emphasized that the ministry has been evaluating export policies since June 2026 to align with Government Regulation Number 24 of 2026, which concerns the governance of strategic natural resource exports. This evaluation will be ongoing, and adjustments to Minister of Trade Regulations Numbers 15, 16, and 17 of 2026 are anticipated. These regulations cover the export of commodities like coal, palm oil, and ferroalloy, and necessitate procedural compliance through PT DSI.

The minister also addressed the status of Registered Exporters (ET), explaining that existing ETs will have their validity extended automatically by three years, while those obtained after June 1 will require reapplication under revised regulations. Additionally, the ministry is working with other entities to ensure that the DHE SDA policy aligns with international trade agreements, and it is considering expanding the list of countries exempt from DHE SDA obligations.

Coordinating Minister Airlangga Hartarto reiterated the government's commitment to utilizing natural resources effectively for public welfare, with the DHE SDA policy and strategic export management as central initiatives in this effort.