Rabu, Juni 12, 2024

List of Goods Prohibited from Being Exported Revised Following Postponement of Export Ban on Certain Mining Commodities

Through the issuance of Regulation of the Minister of Trade No. 10 of 2024 ("Regulation 10/2024") on the Amendment to Regulation of the Minister No. 22 of 2023 on Goods Prohibited from Being Exported ("Regulation 22/2023"), the Minister of Trade has now postponed the export ban on five mining commodities (i.e. laterite iron concentrate, copper concentrate, zinc concentrate, lead concentrate and anode slime) from its originally planned introduction date of 1 June 2024 until 1 January 2025.
In line with the enforcement of Regulation 10/2024, the Minister of Finance ("Minister") has issued an updated list of goods that are prohibited from being exported based on the newly introduced framework of Regulation 10/2024 through the issuance of Decree No. 19/KM.4/2024 ("Decree 19/2024"), which has been in force since 1 June 2024. As a consequence, the enforcement of Decree 19/2024 has resulted in the repeal and replacement of the previous list of goods prohibited from being exported, as set out under Decree of the Minister No. 20/KM.4/2023 ("Decree 20/2023").
The list of goods that are prohibited from being exported is outlined comprehensively under the Appendix to Decree 19/2024, while this new framework affirms that any subsequently introduced Regulation that removes any items from the list of prohibited goods set out under Decree 19/2024 will consequently result in the repeal and replacement of said framework.
In comparison with Decree 20/2023, the more recent framework of Decree 19/2024 continues to feature a total of 478 goods that are prohibited from being exported, as originally outlined under Decree 20/2023, while Decree 19/2024 primarily updates the dates for the commencement of the previously described export ban on five mining commodities.

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Through the issuance of Regulation of the Minister of Trade No. 10 of 2024 ("Regulation 10/2024") on the Amendment to Regulation of the Minister No. 22 of 2023 on Goods Prohibited from Being Exported ("Regulation 22/2023"), the Minister of Trade has now postponed the export ban on five mining commodities (i.e. laterite iron concentrate, copper concentrate, zinc concentrate, lead concentrate and anode slime) from its originally planned introduction date of 1 June 2024 until 1 January 2025.
In line with the enforcement of Regulation 10/2024, the Minister of Finance ("Minister") has issued an updated list of goods that are prohibited from being exported based on the newly introduced framework of Regulation 10/2024 through the issuance of Decree No. 19/KM.4/2024 ("Decree 19/2024"), which has been in force since 1 June 2024. As a consequence, the enforcement of Decree 19/2024 has resulted in the repeal and replacement of the previous list of goods prohibited from being exported, as set out under Decree of the Minister No. 20/KM.4/2023 ("Decree 20/2023").
The list of goods that are prohibited from being exported is outlined comprehensively under the Appendix to Decree 19/2024, while this new framework affirms that any subsequently introduced Regulation that removes any items from the list of prohibited goods set out under Decree 19/2024 will consequently result in the repeal and replacement of said framework.
In comparison with Decree 20/2023, the more recent framework of Decree 19/2024 continues to feature a total of 478 goods that are prohibited from being exported, as originally outlined under Decree 20/2023, while Decree 19/2024 primarily updates the dates for the commencement of the previously described export ban on five mining commodities.

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