Jokowi Announces Bauxite Export Ban for June, Defies WTO
·
Tin
to Follow Soon
Move
comes despite Indonesia's defeat to EU on nickel restrictions
Indonesian President
Joko "Jokowi" Widodo on Wednesday announced a ban on exports of
another mineral, this time bauxite, as Widodo remains steadfast in his drive to
develop a domestic mineral refining and processing industry.
"The government
is committed to continually building sovereignty in our natural resources
sector and add value to domestic [products] in order to open as many jobs as
possible, increase foreign exchange [revenue] and create an even economic
growth," the president said while announcing the policy at the
presidential palace in Jakarta.