Minister of Energy and Mineral Resources said the remaining coal producers who have yet to meet the obligation must need to wait before restarting their export activities.
Ministry of Energy and Mineral Resources said the step is an effort to ensure the availability of coal supply for power plants in Indonesia.
The free trade agreement (FTA) between Asean member states and its partner states, which will take effect on January 1 next year, has the potential to result in successful cooperation between states, thus providing abundant benefits.
The minister noted that Indonesias exports in 2021 will be the highest since 2011 when the countrys exports were recorded at US$203.5 billion
The Indonesian Export Financing Institution, or LPEI, inaugurated the Foreign Exchange Village program in Kupang Village, Sidoarjo, East Java, to encourage export of the abundant seaweed.
Ministry of Trade has issued new regulations that seek to simplify the process to obtain export and import licenses for businesses.
