pa

🇮🇩🚨 BREAKING!! Indonesia New Export Governance Scheme for Natural Resource Commodities The government is introducing a new export management system for natural resource commodities in two stages. Stage I: June 1–August 31, 2026 Companies will start shifting their export transactions to SOEs/BUMN. During this transition period, private companies still handle part of the process, but BUMN begins taking over transactions and contracts with overseas buyers. Stage II: Starting September 1, 2026 The system will be fully implemented. Export transactions with foreign buyers will be handled entirely by BUMN. This means BUMN will take full responsibility and authority over export management. The export process is divided into three main parts: 1. Pre-clearance Covers legal documents, permits, sales contracts, payment terms, packing, labeling, and cargo booking. 2. Clearance Covers export and customs documents, export duties, shipping documents, loading process, and customs clearance. 3. Post-clearance Covers export payment, document submission to banks, and confirmation after the goods are shipped. In short, the policy aims to move commodity export control from private companies to BUMN, with a transition period before full implementation.