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GOVERNMENT REVISES IMPORT REGULATIONS WITH MINISTRY OF TRADE REGULATION NO. 8 OF 2024 AND PMK NO. 17 OF 2024.

Updated: Jun 6

Jakarta, Friday (17/5/2024)


The government has decided to revise import regulations once again by issuing Ministry of Trade Regulation (Permendag) No. 8 of 2024 and Ministry of Finance Regulation (PMK) No. 17 of 2024. Both regulations came into effect and were issued in response to the controversy over the strict import rules, which had caused various problems and viral cases in society.



As a result of the previous strict regulations, 26,415 containers have been held at ports since March 10, 2024. Specifically, 17,304 containers were held at Tanjung Priok Port and 9,111 containers at Tanjung Perak Port. This hold-up has significantly disrupted the flow of logistics and goods distribution, causing considerable economic losses for businesses.


The latest regulation, Permendag No. 8 of 2024, includes several key policies, one of which is the relaxation of import licensing for seven groups of goods that were previously subject to stringent import restrictions. These goods include electronics, footwear, ready-made clothing, accessories, cosmetics, household supplies, bags, and valves. This relaxation is expected to reduce import barriers and streamline the distribution of goods within the country.



By issuing these regulations, the government aims to balance the protection of domestic industries with the market's need for imported products. The government also hopes that this change will positively impact the economy, particularly by smoothing the flow of goods and reducing the logistics costs that businesses have been complaining about.


This revision of import regulations is expected to address various ongoing controversies and create a more conducive business climate in Indonesia. The government is committed to continuously monitoring and evaluating the implementation of these regulations to ensure that the objectives of the import relaxation are successfully achieved.

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