Introduction
On 21 May 2026, the Government issued Government Regulation No. 24 of 2026 on Strategic Natural Resource Commodity Export Governance (GR 24/2026). This regulation requires exports of designated strategic natural resource commodities to be conducted through a state-owned entity (SOE).
This regulation stipulates that exports of designated strategic natural resource commodities must be channelled through a single export gateway, namely a government-appointed export SOE (“Export SOE”).
This policy is part of the Government's broader strategy to maintain domestic supply stability, national economic resilience, increase added value, sustainable national development, and the utilisation of natural resources for the greatest prosperity of the people. The Government, through export policies and controls, regulates exports pursuant to Law No. 7 of 2014 on Trade, particularly Article 38(1) thereof.
Following the issuance of GR 24/2026, the Ministry of Trade (MoT) issued three implementing regulations governing the export of designated strategic natural resource commodities: (i) MoT Regulation No. 15 of 2026 for coal (MoT Reg. 15/2026), (ii) MoT Regulation No. 16 of 2026 for palm oil (MoT Reg. 16/2026), and (iii) MoT Regulation No. 17 of 2026 for ferro alloys (MoT Reg. 17/2026). These regulations provide the operational framework for the implementation of the new export governance regime under GR 24/2026.
Key points