July 2026
OVERVIEW
The Government of Indonesia has introduced a significant reform to the export governance of strategic natural resource commodities through Government Regulation No. 24 of 2026 on the Governance of Exports of Strategic Natural Resource Commodities (“GR 24/2026“). GR 24/2026 establishes a single-window export framework under designated State-Owned Export Enterprises (BUMN Ekspor), representing a fundamental shift from the previous export regime in which business actors could export directly to overseas buyers.
To implement GR 24/2026, the Ministry of Trade has also issued Minister of Trade Regulation No. 15 of 2026 (Coal), Minister of Trade Regulation No. 16 of 2026 (Palm Oil), and Minister of Trade Regulation No. 17 of 2026 (Ferro Alloys), which set out the licensing requirements, compliance obligations, and transitional arrangements for the affected commodities.
This article, prepared by Michael C. Bangun (Partner) and Cecilia I (Senior Associate) from IMCOLaw, provides an overview of the key features of GR 24/2026 and its implementing regulations, including the new centralized export provision, sector-specific licensing and compliance, transitional arrangements, and the practical issues that businesses should consider in anticipation of the new export regime.