The Ministry Of Trade Will Issue A Freeport Concentrat Export Permit This Week

JAKARTA - The Ministry of Trade (Kemendag) is finalizing the export license for the PT Freeport Indonesia concentrate. This permit is targeted to be completed this week.

The Director General of Foreign Trade of the Ministry of Trade Budi Santoso said that this export permit could not be issued because there were several regulations in the Regulation of the Minister of Trade (Permendag) that needed to be adjusted.

Budi targets that the regulation will be completed this week.

The Permendag that is currently being changed is Permendag Number 19 of 2021 concerning Export Policy and Regulation.

"Hopefully this week the Ministry of Trade will finish. There must be a Minister of Trade first, the Minister of Trade must be changed," he told reporters, Thursday, July 6.

Furthermore, Budi said that the Minister of Trade will be completed if the Ministry of Energy and Mineral Resources has completed the Minister of Energy and Mineral Resources regarding the export license of PT Freeport Indonesia.

"Change the Permendag after the Minister of Energy and Mineral Resources Regulation. The Ministerial Regulation has finished, there is a process. Hopefully as soon as possible. Hopefully this week," he explained.

Previously reported, Acting Director General of Mineral and Coal (Dirjen Minerba) Muhammad Wafid asked PT Freeport Indonesia to be patient waiting for an export permit.

However, he ensured that the Ministry of Energy and Mineral Resources had issued export permit recommendations for companies that received export license relaxation such as Freeport and Amman Mineral.

"Well, what else? If the warehouse is full, you want to export it, but there is no appropriate regulation to arrange a reference, everything will be wrong later. Yes, be patient a little," he said when met at the Ministry of Energy and Mineral Resources Building, Monday, July 3.

He added that currently the company is just waiting for a concentrate export permit from the Ministry of Trade.

Wafid emphasized that if as long as the rules have not been synchronized, exports may not be carried out even though they have received relaxation and export recommendations.