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To Accelerate the Exports, Ministry of Trade Decided CPO Export Multiplier to be 9 Times



To Accelerate the Exports, Ministry of Trade Decided CPO Export Multiplier to be 9 Times

InfoSAWIT, JAKARTA – Based on the Decision of General Director of Foreign Trade Number 14/DAGLU/KEP/07 /2022 about the Decision of Volume Multiplier to Publish Export Approval on Crude Palm Oil,  Refined,  Bleached And Deodorized Palm  Oil, Refined,  Bleached And Deodorized Palm Olein, and Used Cooking  Oil, it is decided that the multiplier ratio becomes 9 times from the previous only 7 times.

According to chapter one in the decision, the numbers of Export Approval on Crude Palm Oil, Refined,  Bleached And Deodorized Palm Oil,  Refined,  Bleached And Deodorized Palm Olein, and Used Cooking Oil that would be delivered to the exporters would be 9 (nine) times from the evidence of domestic market obligation on CPO and bulk palm cooking oil within the domestic price obligation which should be reported in sistim minyak goreng curah (SIMIRAH) 2.

“Everything should be reported to Lembaga National Single Window to become the reference in Sistem Indonesia National Single Window (SINSW) to validate the Export Approval proposal,” the regulation mentioned, as what InfoSAWIT got, Tuesday (2/8/2022).

Still from the decision, according to Chapter three, the multiplier ratio in Chapter One would be available since 1 August 2022.

It means, the Decision of General Director of Foreign Trade Number 13/DAGLU/KEP/07/2022 is not available anymore which was published on 29 July 2022. (T2)


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