Indonesia: Export of lobster seeds is prohibited

Published 2021년 4월 15일

Tridge summary

The Ministry of Marine Affairs and Fisheries in Indonesia has decided to ban the export of lobster clear seeds (BBL) in an effort to increase adult lobster exports and focus on cultivation within the country. This decision, which is being drafted into a ministerial regulation, aims to increase export revenue to Rp. 1 trillion by 2024 and prevent Indonesia from being outperformed by Vietnam. Despite the ban, smuggling of lobster seeds continues, with 18 cases identified between December 2020 and April 2021, costing Rp. 209.79 billion. The ministry is taking steps to enforce the ban and shift the focus to domestic cultivation, but the lure of quick money from selling lobster seeds persists.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The Ministry of Marine Affairs and Fisheries (KKP) has confirmed that it will no longer provide export licenses for lobster clear seeds (BBL). In addition, a ministerial regulation is being made regarding the export ban on BBL. Spokesperson for the Ministry of Marine Affairs and Fisheries, Wahyu Muryadi, said that the Ministry of Maritime Affairs and Fisheries (KKP) ban was aimed at achieving an increase in adult lobster exports, so we focus on cultivation to the level of consumption. "The solution is what is BBL cultivation, BBL exports will be prohibited. Currently the draft of the Ministerial Regulation is completed as soon as possible. In the end, to increase PNBP through Rp. 1 trillion, until the target in 2024 reaches Rp. 12 trillion, it is not impossible," Wahyu explained in a press conference. , Thursday (15/4/2021). The Secretary General of the Ministry of Maritime Affairs and Fisheries, Antam Novambar, said that the export of BBL would continue ...

Source: Cnbcindonesia