Trade and markets
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Primary products
Date
18/09/2018
Policy Category
Trade
Policy Instrument
Export policy
Description
Laid out new rules requiring commodity exporters to guarantee funding for shipments exclusively through local banks, as part of policies to address ongoing currency and current account problems.
Notes
As part of policies to address on-going currency and current account problems, the country’s trade ministry has laid out new rules that require commodity exporters to guarantee funding for shipments exclusively through local banks. The new regulation has taken effect on 7 October.