China, Australia, Canada Also Exempted from New DHE Rules, Not Just the US

Coordinating Minister for Economic Affairs Airlangga Hartarto has revealed an expansion of the list of export destination countries exempted from the new natural resource export proceeds (DHE SDA) requirements.

“Yes, there are quite a few countries with which we have bilateral arrangements. For example, China, the United States, Australia and Canada,” Airlangga said when met at the Ali Wardhana Building in Jakarta on Thursday (23/7/2026).

The latest DHE rules have been in force since 1 June 2026. The addition of countries exempted from the new DHE requirements came out of a limited coordination meeting held at the Coordinating Ministry for Economic Affairs.

Previously, the exemption list applied only to the United States under Government Regulation (PP) Number 21 of 2026.

Under the new rules, 100% of DHE SDA must be placed with state-owned bank associations (Himbara), with a mandatory retention of 30% of DHE for three months for the oil and gas sector, and 100% for 12 months for non-oil and gas sectors, in special accounts.

However, the government has granted flexibility in the placement of natural resource export proceeds for exporters from countries that are Indonesia’s trade partners under bilateral agreements or free trade agreements (FTA).

This means that mining sector exporters from countries that have an FTA with Indonesia are permitted to place part of their DHE retention outside Himbara. Under this rule, exporters from partner countries may place retention of 30% with a minimum period of three months at non-Himbara banks.

“The banks can be Himbara or non-Himbara,” Airlangga said.

Nevertheless, the government has emphasised that the obligation to fully repatriate DHE SDA into the domestic financial system remains in place. All natural resource exporters are required to bring 100% of their DHE into Indonesia in accordance with the new provisions.

Non-oil and gas exporters must place 100% of their DHE retention in special accounts domestically for a minimum of 12 months. Meanwhile, oil and gas sector exporters must place a minimum retention of 30% with a tenor of at least three months.