REGULATION MINISTER OF TRADE REPUBLIC OF INDONESIA
No. 28/M-DAG/PER/7/2007

CONCERNING
STIPULATION OF THE EXPORT REFERENCE PRICES (HPE) OF CERTAIN EXPORT GOODS

THE MINSTER OF TRADE OF REPUBLIC INDONESIA,

Attachment

Considering:

In View of:

Observing:

Result of the Coordinating Meeting with Related Institutions and Associations on June 29, 2007 regarding Stipulation of HPE of Certain Exported Goods in the July 10, 2007-August 9, 2007 period.

HAS DECIDED:

To Stipulate:

THE REGULATION OF THE MINISTER OF TRADE ON STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS

Article 1

The Minister in charge of trading affairs or the appointed official in this case the Director General of Foreign Trade shall stipulate Export Check Prices (HPE) of certain exported goods every month.

Article 2

HPE as intended in Article 1 shall be stipulated by referring to international average prices and/or FOB average prices at seaports in Indonesia in one month before the stipulation of HPE.

Article 3

The amount of HPE of timber, rattan, coal, oil palm, crude palm oil and their derivative products and leather shall be as contained in the attachment to this regulation.

Article 4

HPE as set forth in Article 3 shall be the basis for calculating export levies (PE).

Article 5

HPE as meant in Article 3 shall apply for one month, starting from July 10, 2007 - August 9, 2007.

Article 6

In the case of the validity period of HPE stipulated on the basis of this regulation already expiring and new HPE being not yet stipulated, HPE as contained in the attachment to this regulation shall remain effective as the basis for calculating PE until new export prices are stipulated.

Article 7

With the enforcement of this regulation, the Export Check Prices (HPE) a contained in the Attachment to regulation of the minister of trade No. 24/M-DAG/PER/5/2007 on stipulation of Export Check Prices (HPE) of certain Exported Goods shall be declared null and void.

For public cognizance, it is ordered that this Minister of Financeshall be published by placing in state gazette of the republic of Indonesia.

Sipulated in Jakarta
On June 5, 2007
THE MINISTER OF TRADE REPUBLIC OF INDONESIA
Signed
MARI ELKA PANGESTU


Attachment to REGULATION MINISTER OF TRADE REPUBLIC OF INDONESIA
No. 28/M-DAG/PER/7/2007