Commission VII And AITI Implement The Prohibition Of Team Exorcise In Stages

JAKARTA - Commission VII of the Indonesian House of Representatives and the Indonesian Timah Industry Association (AITI) agree that the restrictions/ban on purely bullion tin exports will be carried out in stages and accompanied by efforts to grow the downstream tin industry with more measurable time and targets.

"We agree with the Indonesian Timah Industry Association and the Indonesian Timah Exporters Association so that the process of approval of the Work Plan and Budget (RKAB) can run according to applicable regulations," said Chairman of Commission VII DPR RI Sugeng Suparwoto as quoted on Tuesday, November 29.

Sugeng said that Commission VII of the DPR RI could understand several points of proposals and recommendations submitted by the Indonesian Timah Industry Association and the Indonesian Timah Exporters Association to encourage the growth of the distribution ecosystem from upstream to downstream.

Not only that, Commission VII can understand several points of proposals and recommendations submitted by the Indonesian Timah Industry Association and the Indonesian Timah Exporters Association to encourage the growth of the trade ecosystem from upstream to downstream by providing incentives (fiscal, financial, infrastructure, etc.) for the development of domestic downstream industries, stopping imports of lead downstream products for domestic needs as well as evaluating the imposition of VAT and Import Duty on the purchase of lead raw materials or downstream products in the country.

Previously, Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the government would ban the export of bauxite and tin this year as an effort to build mineral downstreaming.

In the Road to G20: Investment Forum "Involving the Acceleration of Sustainable and Inclusive Investment" Wednesday, May 18, Bahlil said the ban was an interpretation of President Jokowi's directives to build downstreaming and build new and environmentally friendly energy-based industries.