Indonesia tightens state control over commodity exports
The Indonesian Trade Ministry has released new regulations requiring coal, palm oil, and ferroalloy exports to be channeled through a state-appointed firm by 2027. Exporters must report all activities during a transition period while complying with domestic market obligations for palm oil.
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Indonesia issued technical regulations on Monday to centralize coal, palm oil, and ferroalloy exports through a state-appointed firm. The rules establish a transition period for current license holders that lasts until their permits expire or December 31, 2026, whichever occurs first. This policy aims to boost national earnings and strengthen government oversight of the country's natural resource wealth.
