Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, December 15
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Indonesia Eases Import Rules on 10 Commodities
    Commodities

    Indonesia Eases Import Rules on 10 Commodities

    July 1, 20254 Mins Read


    TEMPO.CO, Jakarta – The Indonesian government has announced a deregulation of its import policy on 10 key commodity groups. This move involves the revocation of Trade Ministerial Regulation Number 36 of 2023 and Trade Ministerial Regulation Number 8 of 2024.

    Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that these revocations are a response to global dynamics and an effort to boost national competitiveness. “Indonesia received a lower review this year. Thus, deregulation is a necessity requested by the President for us to remain competitive,” Airlangga said during a press conference at the Trade Ministry office on Monday, June 30, 2025.

    This deregulation impacts 10 commodity groups with a total of 482 harmonized system (HS) tariff codes. Below are the key changes in the import policy for these commodities:

      1. Forestry products (441 HS)

      Previously: Required import approval (PI) from the Ministry of Forestry.

      Now: No prohibitions and restrictions (lartas), but still requires an import declaration from the Ministry of Forestry.

      2. Subsidized fertilizers (7 HS)

      Previously: Required technical PI from the Ministry of Agriculture.

      Now: No lartas.

      3. Other fuels (9 HS)

      Previously: Required technical PI from the Ministry of Energy and Mineral Resources/the Ministry of Industry.

      Now: No lartas.

      4. Plastic raw materials (1 HS)

      Previously: Required non-technical PI.

      Now: No lartas.

      5. Saccharin, cyclamate, and alcohol-scent preparations (6 HS)

      Previously: Required technical PI from the Ministry of Industry and a surveyor report (LS).

      Now: Only requires LS.

      6. Certain chemicals (2 HS)

      Previously: Required technical PI and LS.

      Now: Only requires LS.

      7. Pearls (4 HS)

      Previously: Required technical PI from the Ministry of Maritime Affairs and Fisheries and LS.

      Now: Only requires LS.

      8. Food trays (2 HS)

      Previously: Required technical PI and LS.

      Now: No lartas.

      9. Footwear (6 HS)

      Previously: Required non-technical PI and LS.

      Now: Only requires LS.

      10. Two-wheeled and three-wheeled bicycles (4 HS)

      Previously: Required non-technical PI and LS

      Now: Only requires LS.

      However, Trade Minister Budi Santoso clarified that some commodities are excluded from this deregulation policy. This decision is based on three main parameters: strategic goods determined through commodity balance, commodities related to safety, health, and environmental security (K3L), as well as moral risk, and commodities related to strategic and labor-intensive industries.

      Budi emphasized that textile products, batik-patterned textiles, and textile goods will still require import approval based on technical considerations from the Ministry of Industry and border supervision. He added, “There is an addition of new regulations, namely ready-to-wear clothing and clothing accessories.”

      Previously, the import of ready-to-wear clothing and its accessories was subject to PI based on surveyor reports and Directorate General Regulation Number 7 of 2024, along with border supervision. Now, this regulation will be supplemented with technical requirements from the Ministry of Industry.

      The government plans to replace Trade Ministerial Regulation Number 8 of 2024 with Trade Ministerial Regulation Number 16 of 2025 concerning Import Policies and Regulations. This new regulation will serve as the general basis for all import activities. “The import trade ministerial regulation comes into effect two months after being enacted,” Budi confirmed.

      Furthermore, the government will issue eight new trade ministerial regulations to provide more detailed regulations for the import of specific commodities. These include:

      1. Trade Ministerial Regulation Number 17 of 2025 concerning Import Policies and Regulations for Textile and Textile Products.
      2. Trade Ministerial Regulation Number 18 of 2025 concerning Import Policies and Regulations for Agricultural and Livestock Products.
      3. Trade Ministerial Regulation Number 19 of 2025 concerning Import Policies and Regulations for Salt and Fisheries Commodities.
      4. Trade Ministerial Regulation Number 20 of 2025 concerning Import Policies and Regulations for Chemicals, Hazardous Substances, and Mining Materials.
      5. Trade Ministerial Regulation Number 21 of 2025 concerning Import Policies and Regulations for Electronic and Telematics Products.
      6. Trade Ministerial Regulation Number 22 of 2025 concerning Import Policies and Regulations for certain industrial products.
      7. Trade Ministerial Regulation Number 23 of 2025 concerning Import Policies and Regulations for Consumer Goods.
      8. Trade Ministerial Regulation Number 24 of 2025 concerning Import Policies and Regulations for Second-hand Goods and Non-hazardous and Non-toxic Waste.

      Editor’s Choice: Danantara Set to Secure Rp162tn in New Foreign Funding

      Click here to get the latest news updates from Tempo on Google News





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin ETP avec Defi rendement est en ligne en Europe
    Next Article FY26 property hotspots & US dollar continues to weaken

    Related Posts

    Commodities

    Hedge funds pile into commodities in search of fresh source of returns

    December 13, 2025
    Commodities

    Argus looks at the stresses in commodities markets for 2026

    December 11, 2025
    Commodities

    3 Mining Stocks to Ride the Commodity Boom Into 2026

    December 10, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Will Home Prices Drop in 2024?

    July 22, 2024
    Property

    Real estate agent commission rules change in the USA | Here is all you need to know | WATCH – Property News AU/NZ

    August 17, 2024
    Bitcoin

    La société d’analyse prédit la «correction réelle» pour le bitcoin: «les investisseurs à court terme ne s’accumulent plus»

    May 25, 2025
    What's Hot

    Council deal could allow more than 450 homes

    July 17, 2024

    What property tax changes could we see in the upcoming Budget?

    October 31, 2025

    Où Bitcoin pourrait-il culminer ce cycle?

    June 13, 2025
    Most Popular

    Is Bitcoin or XRP More Likely to Be a Millionaire-Maker?

    October 14, 2025

    Why Did Stock Market Rise Today? Know Key Factors Behind Sensex, Nifty Rally On August 18 | Markets News

    August 18, 2025

    Offshore ownership of American real estate is a black box. The Treasury has the power to open it.

    August 13, 2024
    Editor's Picks

    Bitcoin Falls Even as U.S., EU Reveal Deal on Trump Tariffs

    August 21, 2025

    Pro-XRP Lawyer Slams Bitcoin Maxi Michael Saylor After Latest Ripple Lawsuit Win

    August 8, 2025

    China reassures security of Japanese nationals, reaffirming safe business environment

    February 24, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.