Expertise: Trade

New Indonesia Trade Regulation on Import Policies and Arrangements: A Simplification or Mere Clarification?

On December 11, 2023, the Indonesian Minister of Trade (“MoT”) issued a new regulation that introduces substantial changes to import policies and arrangements, with the stated aim of clarifying and improving import procedures in Indonesia. The new regulation, MoT Regulation No. 36 of 2023 on Import Policies and Arrangements (“Regulation 36/2023”), is effective as of New Indonesia Trade Regulation on Import Policies and Arrangements: A Simplification or Mere Clarification?