What is the primary role of Indonesia's new export agency Danantara Sumberdaya Indonesia, according to the official statement?

According to Danantara Chief Operating Officer Dony Oskaria, the agency’s primary role is to monitor and ensure that Indonesia’s key raw-material exports—coal, palm oil, and ferroalloys—are sold at their 'true prices', not to act as a trading middleman or take physical control of goods. He explicitly stated: 'Our real goal is “Hey, you’re selling it at the right price.” That’s our real goal. Not taking their goods and acting as a middleman and then selling them.'

How does the government plan to implement the new export oversight system, and what is the timeline for full implementation?

The government has established a transition phase for Danantara Sumberdaya Indonesia, set to run until no later than December 31, during which exporters will continue shipping as usual but must electronically submit transaction reports to Danantara. Full implementation—where the entire export process is handed over to the new entity—will follow this transition period, as stipulated in regulations published last week.

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Indonesia's Danantara export agency clarified it will monitor prices of key raw materials like coal and palm oil rather than intervene in trade, easing industry concerns over new natural resource policies. Full implementation of the mandate is scheduled by December 31.

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Indonesia Says Export Agency Will Focus on Price, Not Trading

Indonesia Says Export Agency Will Focus on Price, Not Trading

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