Minister of Trade Regulation No. 1 of 2019 on the Trade of Refined Crystal Sugar
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Minister of Trade Regulation No. 1 of 2019 establishes the framework for the trade of refined crystal sugar in Indonesia. This regulation is aimed at ensuring fair trade practices and protecting the interests of businesses involved in the sugar industry. It affects sugar producers, distributors, and retailers, as well as foreign investors looking to enter the refined sugar market in Indonesia. Key obligations under this regulation include compliance with quality standards, registration requirements, and adherence to pricing regulations set by the government. The regulation also outlines the necessary permits and licenses required for trading refined crystal sugar, which may include obtaining a Nomor Induk Berusaha (NIB) and following the Online Single Submission (OSS) system for business licensing. Additionally, it interacts with other regulations related to food safety and trade, ensuring that all products meet the necessary health and safety standards. Foreign investors should be aware of the specific classifications under the Klasifikasi Baku Lapangan Usaha Indonesia (KBLI) relevant to sugar trading and ensure compliance with the reporting obligations outlined in the Laporan Kegiatan Penanaman Modal (LKPM) to maintain good standing with the Badan Koordinasi Penanaman Modal (BKPM). Overall, this regulation is crucial for maintaining a structured and competitive environment in the refined sugar market in Indonesia.
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Peraturan Menteri Perdagangan Nomor 01 Tahun 2019 tentang Perdagangan Gula Kristal Rafinasi
tentang PERLINDUNGAN USAHA, PERUSAHAAN, BADAN USAHA, PERDAGANGAN
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