Indonesia president defends nickel export curbs
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Topics: INDONESIA PRESIDENT NICKEL EXPORT
In September, resource-rich Indonesia announced it would stop nickel ore exports from Jan.1, two years earlier than initially indicated, a decision set to disrupt global supply.
"When we're sued, we face it. The most important thing is we don't turn, we don't go back," Widodo said in a statement released by the Cabinet Secretariat.
Widodo repeated his longstanding stance that Southeast Asia's largest economy should be exporting less raw materials and more processed goods to create more added value and jobs at home. ■