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View all search resultsRI to ease export earnings rule for US, Airlangga says
Under the Agreement on Reciprocal Trade (ART) with the United States signed on Feb. 19, Indonesia agreed to exempt US investors from a regulation requiring natural resource exporters to keep their earnings in Indonesia for a certain duration.
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Coordinating Economy Minister Airlangga Hartarto speaks during a press conference on July 24, 2025, in Jakarta. (Reuters/Ajeng Dinar Ulfiana)
C
oordinating Economy Minister Airlangga Hartanto said that the government is granting flexibility on natural resources export proceeds (DHE SDA) requirements for the United States and other trading partners under bilateral and free trade agreements (FTAs) with Indonesia.
“Yes, there are exemptions for trading partners. We will monitor this [development]. One of them is the United States,” the senior minister said on Thursday, as quoted by Kontan.
While exporters are generally required to keep their export earnings in Indonesia, the government is allowed to make exceptions for certain countries in implementing bilateral trade agreements or other arrangements, as stipulated in the Government Regulation (PP) No. 21/2026.
Under the new export earnings rule, natural resources exporters are required to deposit all of their export proceeds in state-owned banks.
For oil and gas sector, the retention is set at a minimum of 30 percent for at least three months, while the non oil and gas sector is required to place all of their DHE SDA onshore for 12 months.
The government has also cut the conversion limit for foreign currency export proceeds into rupiah from the previous 100 percent to 50 percent, specifically for trading partners implementing bilateral trade agreements with Indonesia.
The export earnings regulation will take effect on June 1.
