JAKARTA, Indonesia (AP) — Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the
JAKARTA, Indonesia (AP) — Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation, with global implications.
The new regulation announced to parliament Wednesday by Indonesian President Prabowo Subianto mandates that a recently set up state-owned enterprise will handle the country’s exports of coal, palm oil and iron alloys by September.
Indonesia tightens state control over exports of vital commodities
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Indonesia Tightens Grip on Key Commodity Exports | OilPrice.com
Indonesia's President Prabowo Subianto announces major overhaul of natural resource trade
Prabowo tightens state grip on palm oil, coal amid monopolistic fears
Indonesische staat gaat zelf de export van grondstoffen uitvoeren – wie profiteert daarvan?
Indonesia is tightening control over its globally important natural resources, with new regulations requiring exports of key…
The move is likely to unsettle international investors already concerned about the uncertain trajectory of economic policymaking…
By Amanda Lee and Fabiana Negrin Ochoa
Industry frets as government targets palm oil, coal and key minerals
Industry frets and stocks fall as government targets palm oil, coal and key minerals
The new initiative will tighten state control over key commodities such as coal and palm oil.
