Key facts
- Indonesia is discussing exemptions from its new export controls.
- These exemptions could allow commodity traders to avoid some or all of the rules.
- Exemptions may be granted in exchange for investments in Indonesia.
- Joint ventures with a new state body are also a potential condition for exemptions.
Indonesia is reportedly in discussions regarding potential exemptions from its recently implemented, broad export controls. These proposed carve-outs could significantly alter the landscape for commodity traders operating within the country.
Under consideration is the possibility that traders might be allowed to circumvent all or a portion of the new regulations. This potential leniency is reportedly tied to specific conditions, including commitments to invest in Indonesia and to form joint ventures with a newly established state-owned entity.