Indonesia’s Mineral Export Bans: How It Disrupts Global Industries
Summary
- The Indonesian Government stays firm with its plan to ban exports of unprocessed metals and minerals, including tin, bauxite, and copper. Lawsuits by the European Union and other countries to the WTO over Indonesia's earlier policy of banning nickel ore exports would seemingly not disturb the plan.
- The government's plan to continue using the export ban policy poses risks to Indonesia: potentially paying losses compensation for disadvantaged countries and triggering trade retaliation. The country needs to be very careful in designing next policies.
- A long list of countries in Asia, as well as several countries in Europe and the United States are most at risk of being affected if Indonesia continues to impose a ban on exports of crucial metals and minerals.