Ministry Of Trade: Revision Of Oil Regulations Ready To Enter Draft Harmonization

Photo: Doc. Antara

JAKARTA - The Ministry of Trade (Kemendag) said that the amendment to the Regulation of the Minister of Trade (Permendag) Number 18 of 2024 concerning packaged palm cooking oil and people's cooking oil management was final and was waiting for the schedule for the draft harmonization coordination meeting.

Director of Domestic Market Development of the Directorate of Domestic Trade, Ministry of Trade, Nawandaru Dwi Putra, in a regional inflation control meeting in Jakarta, Tuesday, November 11, said that the discussion on changes to the governance of cooking oil had been completed at the ministry/institutional level.

In addition, the Ministry of Trade has also conducted public hearings or public hearings to get input from academics.

"We had a public hearing about 10 days ago, as well as in the inflation control coordination meeting, we also consider it a public hearing, because we convey that the plan to finalize the candyag is final. Currently, we are waiting for the agenda for discussing the draft harmonization discussion," said Nawandaru, quoted by Antara.

Nawandaru conveyed that the harmonization process would be carried out at the Ministry of Law.

Later, the Ministry of Law will lead to invite relevant ministries/agencies to discuss each article in detail.

"So later from the Ministry of Law who will take the lead to invite the relevant ministries to discuss articles per article until the final needs a solution," he said.

In the amendment to Permendag 18/2024, there are five main points emphasized, namely that the government will encourage part of the distribution of Oilita through food SOE distributors such as Bulog and ID FOOD.

Second, the focus of the distribution of Oilita to fill the people's market.

According to Nawandaru, this step aims to increase access to quality and affordable food for the community.

Third, optimizing or supporting several government programs such as the cheap market movement, food assistance, as well as distribution and supply filling in red and white village cooperatives.

Fourth, providing more targeted domestic market obligation (DMO) incentives. The provision of incentives is currently considered ineffective in increasing the distribution of Oilita to all corners of Indonesia.

Incentives will be directed to increase the distribution of Oilita to people's markets through SOEs.

Finally, strengthening supervision and imposition of sanctions. Support for supervision and sanctions will be increased to prevent irregularities resulting in disruption of supply and price availability.

One of them is the option to suspend export and/or freeze export approvals.