Danantara keeps existing commodity export deals intact
Jakarta, May 21 -- Indonesia's sovereign wealth fund Danantara will keep existing long-term natural resource export contracts intact as the government prepares new rules to centralize strategic commodity exports, its investment chief said on Thursday.
Chief Investment Officer of Danantara Indonesia, Pandu Sjahrir, said the government would avoid disrupting agreements already signed between exporters and overseas buyers while consulting industry groups on the transition.
"We do not want to disrupt existing contracts. We want everything to run smoothly and continue properly," Pandu told reporters at the Coordinating Ministry for Economic Affairs office in Jakarta.
He said the government was gathering input from industry players through m...
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