Indonesia Proposes Critical Minerals to be Included in IPEF Trade

By Editorial Team 30/05/2023
Nikel
Summary

Indonesia’s proposal to include critical minerals in the Indo-Pacific Economic Framework (IPEF) trade talks has gained support from seven ASEAN countries and Australia.

This was revealed by Coordinating Minister for Economic Affairs Airlangga Hartarto on Monday after attending the IPEF ministerial meeting in Detroit, USA, on Saturday. “Indonesia is ready to join the discussion on critical minerals as one of the priority topics in IPEF Pillar I,” Airlangga said.

Meanwhile, the Energy and Mineral Resources (ESDM) Ministry is preparing to issue a regulation for the classification of critical minerals. This regulation aims to secure essential minerals for domestic use amid the transition to clean energy.

“The discussion is 95 percent done, only one more round left,” Energy Minister’s Special Staff for Mineral and Coal Governance Acceleration Irwandy Arif said.

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