Jakarta (ANTARA) - Indonesia’s Trade Minister Budi Santoso said a ministerial regulation on natural resource exports is expected to be finalized on Monday, as the government prepares to shift exports of several key commodities to a state-owned company.

“Hopefully, the ministerial regulation will be completed today,” Santoso said at the Ministry of Trade in Jakarta on Monday.

The minister explained that starting June 1, 2026, exports of three strategic commodities—crude palm oil (CPO), coal, and ferroalloy—will be carried out by PT Danantara Sumberdaya Indonesia (DSI) as the state-owned export enterprise.

The policy will be implemented in phases through a six-month transition period.

During the first three months, existing exporters will still be allowed to continue their export activities, although reporting requirements will be submitted to DSI.

“In the first three months, we will conduct an evaluation. During this transition, exports will still be handled by the existing exporters, but the reporting will be submitted to PT DSI,” he explained.

Then, from September 1 to December 31, 2026, exporters that are ready may fully transfer their export activities to DSI, he added.

Starting January 1, 2027, all exports of the three commodities must be conducted through DSI.

Santoso assured that all existing export regulations and procedures will remain unchanged, including Indonesia’s domestic market obligation (DMO) policy for CPO commodities.

“Existing regulations that have been in place, such as export requirements and export obligations like the DMO for CPO and others, will continue to apply. So essentially, the only change is that exports previously handled by private companies will now be conducted through DSI,” he added.

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Translator: Maria Galuh, Kuntum Khaira
Editor: Azis Kurmala
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