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Indonesia exempts four countries from export earnings rule: Airlangga

Antaranews.com July 23, 2026

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Business & Investment Indonesia exempts four countries from export earnings rule: Airlangga Indonesia exempts four

countries from export earnings rule: Airlangga July 24, 2026 06:11 GMT+700 Coordinating Minister for Economic Affairs

Airlangga Hartarto speaks to reporters in Jakarta on Thursday (July 23, 2026). (ANTARA/Bayu Saputra) Jakarta (ANTARA) -

Indonesia has granted exemptions to four trading partners—the United States, China, Canada, and

Australia—from regulations governing Foreign Exchange Proceeds from Natural Resource Exports (DHE SDA).

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the exemption applies to nations with existing

bilateral trade agreements with Jakarta, offering flexibility to preserve key diplomatic and economic partnerships.

“We have quite a few countries with bilateral agreements. For example, with China, the United States, Australia,

and Canada,” Airlangga said here on Thursday (July 23). The exemptions fall under Government Regulation (PP) No.

21 of 2026, an update to earlier 2023 legislation regulating export proceeds from natural resource management and

processing. Enacted on June 1, 2026, the updated framework permits targeted flexibilities to honor specific

international commitments. Under standard DHE SDA protocols, natural resource exporters must deposit 100 percent of

their export earnings into accounts held with the Association of State-Owned Banks (Himbara). Exporters are further

required to retain a minimum of 30 percent of export proceeds from the oil and gas sector, and 100 percent from non-oil

and gas sectors, within special Himbara accounts. These funds must remain placed for at least three months for oil and

gas commodities, and 12 months for non-oil and gas goods. Additionally, the government has lowered the mandatory

conversion limit for foreign currency proceeds into rupiah to a maximum of 50 percent, down from the previous 100

percent requirement, Airlangga noted. Related news: Purbaya confident natural resources reform to help stabilizing

rupiah Related news: Natural resources reform essential to boost forex reserves: lawmaker Related news: Indonesia offers

0 percent tax incentive for compliant exportersTranslator: Bayu Saputra, Yashinta DifaEditor: Azis Kurmala Copyright

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