Airlangga Hartarto, the Coordinating Minister for Economic Affairs,\ntold President Prabowo Subianto about the readiness of the governance\nframework for the export of natural resource commodities to be operated\nby PT Danantara Sumberdaya Indonesia (DSI) starting 1 June 2026. He\nnoted there are two main items discussed in the report to the President:\nthe implementation of the Devisa Hasil Ekspor (foreign exchange earnings\nfrom exports) policy, and the export mechanism for DSI\u2019s strategic\ncommodities.<\/p>\n
\u2018I have just briefed the President on two elements of the plan: the\nimmediate implementation of the foreign exchange earnings from exports\npolicy, effective from 1 June, and the execution of exports of crude\npalm oil (CPO), coal, and ferroalloys by DSI,\u2019 Airlangga said at the\nPresidential Palace complex, Jakarta, on Thursday 21 May 2026.<\/p>\n
He said the government is preparing a range of regulatory instruments\nto support the policy\u2019s implementation. The regulations involve several\nministries and agencies, including the Ministry of Trade, Bank\nIndonesia, and the Ministry of Finance.<\/p>\n
Airlangga assured that all supporting rules are targeted to be\ncompleted before the policy is applied on 1 June 2026. In addition to\ndrafting regulations, the government will also carry out outreach to\nassociations of business actors involved in the commodity export\nsector.<\/p>\n
\u2018Second, outreach to the associations will also be conducted this\nafternoon at 16:00 WIB, so that the relevant associations are aware of\nthe policies the government is formulating,\u2019 Airlangga said.<\/p>\n
The government previously established PT DSI as a company with a\nspecial mandate to manage and oversee transactions of strategic natural\nresource commodity exports.<\/p>\n
DSI will operate in two phases. In the first phase, from 1 June to 31\nDecember 2026, DSI will act as an appraiser and intermediary between\nsellers and buyers of certain export commodities.<\/p>\n
From January 2027 onwards, DSI will transform into a trading company\nthat buys commodities directly from exporters, holds the goods, and\nbears the trading risks before selling them to the international\nmarket.<\/p>\n
The proceeds from the sale of these commodities will be received in\nforeign currencies according to the destination country of the\ntransaction, while continuing to follow international trade practices.\nThe proceeds will be returned entirely to Indonesia.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/airlangga-reports-to-the-presidential-palace-on-commodity-export-implementation-this-is-the-scheme-1779542600", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }