Indonesia’s export body to only vet paperwork, not handle deals
Danantara Sumber Daya Indonesia’s (DSI) role as the sole intermediary, which begins next year, is narrower than the one outlined by President Prabowo Subianto on May 20, when he said the export body would oversee everything from contract negotiations to product shipments.
Indonesia's export body, PT Danantara Sumberdaya Indonesia (DSI), will only review paperwork and not handle deals starting next January. This narrower role was clarified by government officials, differing from President Prabowo Subianto's May 20 statement outlining DSI as the country's sole exporter overseeing contracts and shipments.
DSI will verify contract documents, draft Export Declarations, and other paperwork before submitting them to customs. The export process with exporters and buyers will remain unchanged. Trade Minister Budi Santoso emphasized that exporters' obligations, including domestic market responsibilities, stay the same. DSI's president director, Luke Thomas Mahony, explained that they will check price, quantity, quality, HS code, destination, and re-export earnings.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
