It has been reported that implementation of the Indonesian Ministry of Trade’s Regulation 82/2017 is to be postponed for one year.
Initially intended to take effect from 1 May 2018, this measure makes it mandatory to use only vessels “controlled by Indonesian shipping companies” and Indonesian insurers for:
- coal and/or crude palm oil exports;
- rice imports; and
- the import of goods intended for government procurement.
It is thought that the decision to delay implementation has been made to allow the Ministry of Trade to clarify the numerous questions raised by the regulation and prepare guidelines.