| Issue Number : 4870ID Indonesian translation

Tire Importers Now Required to Secure Technical Considerations for Import Approval

Importers must now secure technical importation considerations for tires in order to secure import approvals from the Ministry of Trade. Importers are required to submit various data and documents when applying for the technical importation considerations

| Issue Number : 4866ID Indonesian translation

New Collaterals to Secure Releases of Certain Imported Goods via Rush Handling

The Amendment has now clarified that relevant importers are first required to deposit collateral with the relevant customs-and-excise office head. Said collateral may take one of the following forms: 1) Cash; 2) Bank guarantees; 3) Guarantees that are provided by insurance companies; 4) Guarantees that are provided by the Indonesian Export Financing Agency (Lembaga Pembiayaan Ekspor Indonesia/LPEI); 5) Guarantees that are provided by guarantor agencies; 6) Corporate guarantees; and/or 7) Written guarantees

| Issue Number : 4862ID Indonesian translation

Quantity Limitations on Hand-Carry Goods Permitted for Importation by International Travelers and PMI Officially Revoked

The Second Amendment has also made several adjustments to applicable requirements for imports of fortification premixes that will be used as raw materials during the manufacture of flour. In this regard, this type of commodity may now be imported by holders of Manufacturer Importer Identification Numbers (Angka Pengenal Importir Produsen/API-P) and does not require any import approvals to be secured. Moreover, imports of feedstock lubricant materials no longer require relevant importers to first secure recommendations from the Ministry of Industry

| Issue Number : 4848ID Indonesian translation

Bappebti Introduces Sharia Based Physical Commodity Market

All goods, services, rights and other interests, as well as any derivatives thereof, that can be traded and that are subject to futures contracts, sharia derivative contracts and/or other derivative contracts are required to first be approved by Bappebti in order to be traded through physical commodity markets that are based on sharia principles

| Issue Number : 4836ID Indonesian translation

New Import Policy Tightens the Entry of Hand-Carry Goods from Overseas

Limits on the entry of non-commercial goods that comprise the personal belongings of passengers, transportation crews and border crossers have now been set. Said hand-carry goods that are limited in terms of their import into Indonesia broadly encompass the following: 1) Footwear: two pairs; 2) Bags: two pieces; 3) Textile products: five pieces; 4) Electronic goods: five units with maximum values of US$ 1,500; and 5) Cellphones, laptops and tablets: two units.

| Issue Number : 4831ID Indonesian translation

New Sustainable Procurement Selection Document Model Introduced for Construction Projects

During construction project tenders, participants have the option of joining as sole proprietorships or may engage in joint operations (Kerja Sama Operasi KSO). However, a number of specific provisions must be fulfilled in order for KSO to join as participants, including requirements that relate to form, qualifications and KSO agreements

| Issue Number : 4806ID Indonesian translation

Provisions on Entries and Releases of Consignment Goods to and from Free Areas Applicable from March 2024

In essence, entries and releases of consignment goods to and from areas that have been stipulated as Free Trade Areas and Free Ports (collectively referred to as "Free Areas") are addressed under three applicable provisions, as follows: 1) To and from outside customs areas; 2) To and from other locations within customs areas; and 3) To and from other Free Areas, bonded stockpiling locations or special economic zones.

| Issue Number : 4805ID Indonesian translation

Framework for the Settlement of KITE-Secured Imported Goods via Non-Export Mechanism Introduced: Settlement Methods Now Expanded

Imported goods that have secured export-oriented import facilities (Kemudahan Impor Tujuan Ekspor "KITE") are permitted to be settled via non-export means ("Settlements"). The applicable methods for Settlements now include: 1) Destruction; 2) Damage; 3) Handover; 4) Sale; 5) Transfer; and/or 6) Return. Settlements themselves may be carried out by Companies that have received KITE in the form of exemptions (KITE Pembebasan Companies) and/or companies that have received KITE for small- and medium-scale industries (Industri Kecil Menengah/IKM) (KITE IKM Companies).

| Issue Number : 4792ID Indonesian translation

Updated Mechanism for AEO Recognition Introduced: Eligible Economic Operators and Mandated Responsibilities Now Expanded

While maintaining the list of economic operators ("Operators") that were previously deemed eligible to be recognized as Authorized Economic Operators ("AEO") (i.e. importers/exporters, carriers, Customs Service Management Companies [Pengusaha Pengurusan Jasa Kepabeanan/PPJK] and other parties related to the global supply chain), manufacturers have now been included on this list. Moreover, the following responsibilities of recognized AEO have now been incorporated: 1) Independent monitoring of the fulfillment of AEO terms and conditions; 2) Helping to improve understanding of laws and regulations that apply within the customs-and-excise sector; and 3) Displaying of the AEO logo in predetermined locations.

| Issue Number : 4779ID Indonesian translation

Minister of Trade Issues New Import Policy and Provisions

Minister of Trade Renews Import Policy and Provisions

1