Indonesia affirms business certainty under one-door export policy

JAKARTA, June 5 — Indonesia on Friday reaffirmed business certainty in the implementation of its one-door export policy for strategic commodities, saying existing export contracts will remain valid as long as they comply with regulations. Danantara, the second sovereign wealth fund of Indonesia, said in a press release that state-owned holding PT Danantara Sumberdaya Indonesia (DSI) would carry out its mandate to strengthen export governance in a measured, professional and accountable manner while ensuring smooth trade activities. “Signed contracts can continue to be carried out as long as there is no under-invoicing,” the agency said in a statement, adding that maintaining the confidence of international trading partners and investors remains a priority.