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Kamis, Oktober 26, 2023

Framework on Business Partnerships Within the Marine and Fisheries Sector Revised

Natural Resource

In an effort to promote business sustainability and investment growth through partnerships within the marine and fisheries sector, the Minister of Marine Affairs and Fisheries ("Minister") has decided to revise various provisions that address the list of businesses that are open to partnerships under the new framework of Regulation No. 31 of 2023 ("Regulation 31/2023"), which has been in force since 13 October 2023.
In essence, Regulation 31/2023 allows for certain business operations (i.e. fish breeding, fish farming, salt production/extraction, etc.) to be conducted through partnerships that are arranged between the following parties: 1) Large-scale enterprises and micro-, small- and/or medium-scale enterprises; 2) Medium-scale enterprises and micro- and/or small-scale enterprises; 3) Large-scale enterprises and cooperatives; or 4) Medium-scale enterprises and cooperatives.
The above-described partnerships should be carried out in line with the following business stages: 1) Pre-production; 2) Production; 3) Post-production; 4) Processing; and/or 5) Marketing.
Finally, partnerships themselves may take the following forms: 1) Core-plasma; 2) Sub-contract; 3) Franchise; 4) General trade; 5) Distribution and agency; 6) Supply chain; and 7) Other forms of partnership (i.e. profit sharing, operational collaborations, joint ventures and outsourcing).

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In an effort to promote business sustainability and investment growth through partnerships within the marine and fisheries sector, the Minister of Marine Affairs and Fisheries ("Minister") has decided to revise various provisions that address the list of businesses that are open to partnerships under the new framework of Regulation No. 31 of 2023 ("Regulation 31/2023"), which has been in force since 13 October 2023.
In essence, Regulation 31/2023 allows for certain business operations (i.e. fish breeding, fish farming, salt production/extraction, etc.) to be conducted through partnerships that are arranged between the following parties: 1) Large-scale enterprises and micro-, small- and/or medium-scale enterprises; 2) Medium-scale enterprises and micro- and/or small-scale enterprises; 3) Large-scale enterprises and cooperatives; or 4) Medium-scale enterprises and cooperatives.
The above-described partnerships should be carried out in line with the following business stages: 1) Pre-production; 2) Production; 3) Post-production; 4) Processing; and/or 5) Marketing.
Finally, partnerships themselves may take the following forms: 1) Core-plasma; 2) Sub-contract; 3) Franchise; 4) General trade; 5) Distribution and agency; 6) Supply chain; and 7) Other forms of partnership (i.e. profit sharing, operational collaborations, joint ventures and outsourcing).

......

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PRO PLUS

Rp 7.500.000

per bulan

Semua Fitur Paket Professional
Layanan Penerjemahan Peraturan
Precedent Hukumonline
Virtual Discussion

PROFESSIONAL

Rp 4.500.000

per bulan

Semua Fitur Paket Standard
Terjemahan Peraturan
Peraturan Konsolidasi
Premium Stories
Monthly Law Review (MLR)
Indonesian Law Digest (ILD)

STANDARD

Rp 2.500.000

per bulan

Indonesian Legal Brief (ILB)
Daily Updates
Bantuan Layanan Pencarian Peraturan
Pusat Data Peraturan dan Putusan Pengadilan Non-Precedent

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