Minister of Trade Regulations

Minister of Trade Regulations are provisions issued by the Minister of Trade which contain rules relating to trade in Indonesia. Minister of Trade Regulations are derivatives of higher government laws or regulations. Minister of Trade regulations usually contain details regarding the implementation of regulations at a higher level of determination.

As a derivative of higher government laws or regulations, the Minister of Trade Regulation also has regulatory legal force, so that all parties involved in trade activities in Indonesia must comply with it.

Regulations related to trade related to customs include Minister of Trade Regulation NUMBER 23 OF 2023 Concerning Export Policies And Regulations, and Minister of Trade Regulation No. 20 OF 2021 Concerning Import Policies And Regulations.

Minister of Trade Regulation NUMBER 23 OF 2023 regulates business requirements and permits in the export sector and obligations that must be carried out by exporters, for example certain goods for export which require licensing documents such as export approval documents or surveyor reports.

Meanwhile, Minister of Trade Regulation No. 20 of 2021 as ammended with Minister of Trade Regulation No. 25 of 2022 regulates the requirements and business permits in the import sector and the obligations that must be carried out by importers, for example certain goods whose import requires licensing documents such as import approval documents or surveyor reports.

Understanding these two regulations is very important in the customs process in Indonesia, which will facilitate the trade process and prevent violations.

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