00:00 The official closing of TikTok Shop is in progress with the adoption of the Trade Minister's Regulations No. 31 of 2023.
00:09 The Ministry of Cooperation and the Ministry of Home Affairs welcomes the efforts of TikTok Indonesia to close all transaction services in its own social media.
00:23 The adoption of Trade Minister's Regulations No. 31 of 2023 on the permission of business, advertising, construction and supervision of business actors in trade through electronic systems is officially implemented.
00:35 TikTok Shop has finally officially closed its transaction sales service application.
00:41 The Minister of Cooperation and Small and Medium Enterprises, Teten Mas Duki, said the regulation was adopted as one of the efforts to protect local SMEs.
00:49 The Ministry of Home Affairs appreciates the compliance of TikTok Shop with government regulations and closed its service since October 4, 2023.
00:57 This closure was made after the Ministry of Trade gave an additional one week to TikTok Shop to comply with certain new regulations.
01:06 Thus, sellers and affiliators can still promote their products on TikTok, while only e-commerce services are closed.
01:13 Business owners can also become sellers and product affiliators on other local market platforms.
01:19 The Ministry of Home Affairs hopes that TikTok Shop can quickly complete the fulfillment of obligations to the seller, i.e. the trader, affiliator and consumer.
01:28 Through the regulation of the No. 31 regulation, women hope to create a sustainable business ecosystem, both online and offline, to protect SMEs and domestic products.
01:39 Jakarta Tim Liputan, IDX Channel
01:43 Jakarta Tim Liputan, IDX Channel
01:46 Jakarta Tim Liputan, IDX Channel
01:49 [BLANK_AUDIO]
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