President Prabowo Officially Issues Single-Door Export Regulation for Three Strategic Commodities
Jakarta, CNBC Indonesia - President Prabowo Subianto has officially released Government Regulation (PP) Number 24 of 2026 concerning the Export Governance of Strategic Natural Resource Commodities. The regulation was formally signed on 20 May 2026. The government has established PT Danantara Sumberdaya Indonesia (PT DSI) as a Special State-Owned Enterprise (SOE) to carry out exports of three commodities: coal, crude palm oil, and ferro alloy (iron alloy).
Under the general provisions, Export is defined as the activity of removing goods from the Indonesian customs territory. Strategic Natural Resource Commodities are defined as natural resource commodities determined by the Government, taking into account national interests, economic stability, domestic needs, and/or the management of national strategic natural resources. An Export SOE is defined as an SOE assigned specifically by the Government to undertake the export activities of these commodities.
Regarding the determination of strategic natural resources, the Government regulates the export governance of all Strategic Natural Resource Commodities. The determination is carried out in stages. For the initial phase, the commodities include coal, palm oil, and ferro alloy. For subsequent phases, the Government will determine other commodities through coordination meetings chaired by either the coordinating minister for economic affairs for non-food commodities, or the coordinating minister for food affairs for food commodities.
The export governance stipulates that Strategic Natural Resource Commodities may only be exported by the Export SOE, either as the owner or as a single intermediary. The export selling price will be determined by the Export SOE. The SOE may also determine a reasonable margin in accordance with laws and regulations. Export governance can be exercised through export control, including verification or technical tracing, and the arrangement of export shipping and insurance. Exemptions may be granted for business actors holding contracts or agreements with the Government that include provisions for investment, divestment, and domestic processing and/or refining, subject to a coordination meeting decision.
Supervision and guidance on the implementation of the export governance will be carried out by relevant ministers or heads of non-ministerial government institutions according to their respective authorities.
Under the transitional provisions, export of the strategic commodities may only be conducted through the Export SOE by no later than 31 December 2026. An evaluation of this implementation will be conducted through a coordination meeting chaired by the coordinating minister for economic affairs within three months of the regulation’s enactment.