Indonesian government has issued Presidential Regulation Number 58 of 2020 regarding the Arrangement and Simplification of Import Licensing (“PR 58/2020”), on April 8, 2020, and Presidential Regulation Number 59 of 2020 regarding the Amendment of Presidential Regulation Number 71 of 2015 on the Stipulation and Storage of Essential Goods and Basic Commodities (“PR 59/2020”). PR

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down

On February 6, 2019 the Indonesian government has legislated Minister of Trade Regulation No. 12 of 2020 concerning Imported Prohibited Goods (“MOT Regulation No. 12/2020”). MOT Regulation No. 12/2020 is the implementing regulation of Law No. 7 of 2014 concerning Trade (“Trade Law”) which stipulates that importers are prohibited from importing certain goods. Importers are