Legislator urges DSI operations not to extend trade chains
Jakarta (ANTARA) - A member of Commission VI of the Indonesian House of Representatives (DPR RI), Ahmad Labib, is urging the operations of PT Danantara Sumberdaya Indonesia (DSI) not to extend trade chains, while ensuring the market ecosystem remains efficient.
According to Labib, the formation of DSI is part of the President’s commitment to closing loopholes that cause leakage in foreign exchange earnings from natural resources (SDA).
“DSI must not extend the trade chain, and must not make logistics costs more expensive,” said Ahmad Labasting during a public discussion held in Jakarta on Thursday.
Speaking virtually, he assessed that the fundamental issue occurring so far lies not in the absence of regulations, but in the lack of synchronisation between regulations and law enforcement across relevant ministries and agencies.
Therefore, he is pushing for consolidation among stakeholders to ensure that the implementation of DSI runs effectively and does not add an extra burden to business actors.
Labib added that the DPR will continue to oversee the drafting and application of DSI’s operational regulations to ensure that the state’s interest in optimising natural resource revenues goes hand in hand with business certainty.
“This policy is made so that state revenue from our natural wealth can be enjoyed maximally by the people. However, at the same time, the private business climate must remain protected fairly. Through solid data integration, the state maintains sovereignty over its resources, and business actors obtain transparent and efficient business certainty,” said Labib.
Previously, the Executive Director of NEXT Indonesia Center, Christiantoko, stated that the success of DSI’s formation is measured by its ability to improve the governance of natural resource trade, rather than the volume of commodities sold.
He emphasised that improving governance is the primary metric of DSI’s success. Meanwhile, increases in state revenue, export performance, or other economic indicators are secondary impacts of improved governance.