AreaIndonesia

Commodity GroupOilseeds, oils and meals

CommodityPrimary products

Date18/09/2018

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionLaid 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.

NotesAs 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.