Natural resources and sensible leaders bring high hopes for Indonesia
The deficit is high and a mineral export ban could make things worse – but there are plenty of reasons to be cheerful in Jakarta.
A political tussle over Indonesia‘s formidable mineral exports goes a long way towards illustrating the political risks of doing business in Indonesia.
On 12 January the country is due to enact legislation that will ban exports of unprocessed mineral ore, following the passing of a law in 2009. The ban is one of President Susilo Bambang Yudhoyono’s landmark economic reforms. But with Sunday’s deadline looming, last-minute exemptions are still being argued over.
Read more at: http://www.theguardian.com/world/2014/jan/09/natural-resources-high-hopes-indonesia
A Blog for Browsing Mining, Mineral Processing, and Metals Info 