Not Afraid To Be Sued By Freeport, Jokowi: Downstreaming Will Not Stop

JAKARTA - President Joko Widodo (Jokowi) confirmed that he would face Freeport if the PT Freeport Indonesia parent lawsuit was filed. He stressed that the government's downstream program would not stop over the dispute.

For your information, Freeport-McMoran is said to object and plans to sue the fee for exiting the copper concentrate.

The regulation regarding the imposition of the exit duty refers to the Minister of Finance Regulation (PMK) Number 71 of 2023 concerning the Third Amendment to PMK Number 39 of 2022 concerning the Determination of Export Goods Subjected to Exit Customs and Exit Fees.

"It's okay to sue, what is clear is that downstreaming will not stop," he said after testing the Jabodebek LRT, Thursday, August 10.

Jokowi also said that downstreaming steps would not stop at certain commodities such as nickel. However, he said, it would be extended to various other commodities.

Downstream after nickel, stop. Then go to the copper, to the copper. later go back to the bauxite and so on," he said.

The former governor of DKI Jakarta emphasized that the government's plan to downstream and increase added value to the country will not be affected by the objections of other countries.

"Because indeed anyone, any country, any international organization I don't think can stop our desire for industrialization, for downstreaming from exporting raw materials to semi-finished goods or finished goods because we want added value to be in the country," he said.