Indonesia tightens state control over exports of vital commodities
Indonesia is implementing stricter regulations on the export of key commodities, requiring state-owned enterprises to manage these exports. President Prabowo Subianto emphasized that this move aims to increase government revenue and combat issues like underreporting and tax evasion. The policy is expected to enhance Indonesia's bargaining power in global negotiations over its natural resources.
- ▪Indonesia is tightening control over its natural resources by requiring state enterprises to handle exports of commodities like palm oil and coal.
- ▪President Prabowo Subianto stated that the country has lost significant revenue due to undervalued exports.
- ▪The new regulations aim to combat under-invoicing and improve oversight of commodity exports.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onIndonesia tightens state control over exports of vital commoditiesIndonesia is tightening control over its globally important natural resources, with new regulations requiring exports of key commodities like palm oil, coal and iron alloys to be handled by state enterprisesByEDNA TARIGAN Associated Press and ANTON L. DELGADO Associated PressMay 20, 2026, 5:58 AM1:28Indonesia's President Prabowo Subianto gestures before delivering his address during a House of Representatives plenary session in Jakarta, Indonesia, Wednesday, May 20, 2026.
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