{
    "success": true,
    "data": {
        "id": 1663822,
        "msgid": "trade-minister-budi-eases-exports-of-oil-gas-and-coal-see-the-details-of-the-regulations-1775638382",
        "date": "2026-04-08 15:11:05",
        "title": "Trade Minister Budi Eases Exports of Oil, Gas, and Coal: See the Details of the Regulations",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Trade",
        "summary": "Indonesia's Trade Minister Budi Santoso has issued two new regulations to streamline export procedures for key commodities including oil, gas, coal, and industrial tin, aiming to reduce bureaucracy and enhance business competitiveness amid global trade dynamics. The changes eliminate requirements like Registered Exporter status for several sectors, simplify documentation, and remove technical specifications and sanctions to facilitate faster and more efficient exports. This deregulation is part of broader efforts to improve the investment climate and support industry players in navigating international markets.",
        "content": "<p>Jakarta \u2013 Trade Minister Budi Santoso has issued two new regulations\nin the export sector to accelerate deregulation and provide ease of\ndoing business.<\/p>\n<p>The two regulations are Trade Ministerial Regulation Number 5 of 2026\non the Fourth Amendment to Trade Ministerial Regulation Number 23 of\n2023 concerning Export Policies and Regulations; and Trade Ministerial\nRegulation Number 6 of 2026 on the Fourth Amendment to Trade Ministerial\nRegulation Number 22 of 2023 concerning Goods Prohibited from\nExport.<\/p>\n<p>The two regulations, which were promulgated on 26 March 2026 and take\neffect on 1 April 2026, are part of efforts to simplify export processes\nwhile enhancing the competitiveness of business actors amid global trade\ndynamics.<\/p>\n<p>\u201cThe government is carrying out deregulation and simplification of\nexport licensing to improve ease of doing business and enhance the\ninvestment climate,\u201d Budi stated in his remarks on Wednesday, 8 April\n2026.<\/p>\n<p>He explained that the two Trade Ministerial Regulations relax export\npolicies by eliminating several obligations and sanctions, as well as\nreducing documents for prohibitions and restrictions (lartas).<\/p>\n<p>Director General of Foreign Trade at the Ministry of Trade, Tommy\nAndana, stated that the improvements to export policies are designed to\nmeet the needs of the business world, which desires faster and more\nefficient export processes.<\/p>\n<p>\u201cThis revision aims to simplify regulations and adjust policies to\nglobal trade dynamics and the needs of business actors,\u201d Tommy said.<\/p>\n<p>The forms of export policy relaxation in the two Trade Ministerial\nRegulations include the simplification of export instruments for several\nstrategic commodities. For industrial tin commodities, the requirements\nare now limited to Export Approval (PE) and Surveyor Report (LS), while\nthe Registered Exporter (ET) requirement is eliminated.<\/p>\n<p>Meanwhile, in the oil and gas sector, the provisions are simplified\nto only PE and LS, from the previous requirement of ET, PE, and LS.\nHowever, an exception applies to natural gas exports via pipeline, which\nstill requires ET.<\/p>\n<p>In addition, coal exports are also simplified by eliminating the\nrequirement for a cooperation agreement in applying for ET, as well as\nthe obligation to realise at least one export within two years and its\nassociated sanctions. This policy is accompanied by flexibility in raw\nmaterial sources to support industrial tin downstreaming.<\/p>\n<p>On the other hand, technical specification requirements for tin\nsolder, such as limits on iron (Fe) content, dimensions, weight, and\npackaging methods, have also been removed to simplify processes and\nincrease efficiency for business actors.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/trade-minister-budi-eases-exports-of-oil-gas-and-coal-see-the-details-of-the-regulations-1775638382",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}