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This report serves as an update to FAS Jakarta’s previous report outlining Indonesia’s plans to impose a 12-percent value-added tax (VAT) for luxury agricultural products (please see GAIN Report ID2024-0053).

On November 18, 2024, the Government of Indonesia (GOI) issued Regulation No. 19/2024 on the Supervision of Genetically Engineered Food which updates the labeling requirements for genetically engineered (GE) products, and regulates microbial biotechnology, genome editing, and the food safety assessment of products with stacked genes

Despite Russia's full-scale invasion of Ukraine, Ukraine's retail, food processing, and food service sectors are functioning. The retail sector is working to maintain an assortment of imported products. Fish and other seafood, beef, nuts, food ingredients, whiskey, beer, snacks, and pet food imports are growing.

Matching import restrictions imposed by several EU member states on Ukrainian grains, oilseeds, and poultry, Ukraine adopted export licensing and export quotas for 2025. Ukraine’s measures are designed to prevent the triggering of EU safeguard measures envisaged by EU Regulation 2024/1392.

On December 16, 2024, the Government of Indonesia (GOI) announced the increase in value-added tax (VAT) from the current 11 percent to 12 percent on selected goods and services, effective January 1, 2025. In addition, a separate 12 percent luxury goods sales tax will newly be applied for luxury products intended for high-end Indonesian consumers (luxury VAT).