Ministry of Trade to Review CPO Exit Decrease Plan
By : Hariyanto And Aldo Bella Putra | Tuesday, January 09 2018 - 20:30 IWST

kelapa sawit
INDUSTRY.co.id - Jakarta - The Ministry of Trade will soon review the plan to reduce CPO export duty as well as the Malaysian government's intention.
"We have agreed on how to respond to Malaysia," said Minister of Trade, Enggartiasto Lukita after attending the Palm Oil Coordination Meeting at the Coordinating Ministry for Economic Affairs Office in Jakarta on Monday (8/1/2018).
Previously, the Ministry of Trade planned to lower the crude palm oil export duty (BK) which will be enacted in January 2018. The government plan has paid attention to various recommendations that ultimately set the price of BK 0 for reference price of US $ 697.34 / MT.
The stipulation is contained in the Regulation of the Minister of Trade No. 98 of 2017 concerning Export Check Price Determination (HPE) on Agricultural and Forestry Products Subject to Export Duty.
Enggar further said that the Malaysian policy will be addressed by the government by delaying the agenda of ministerial meeting that was originally held on 11-12 January 2018. "We propose that the January 11-12 meeting was postponed first," he said.
He confessed, the postponement of the meeting that will discuss the national oil palm has been taking into consideration some notes from the Coordinating Ministry for the Economy.
"There are some notes we have to ask, but we're not ready yet," said Enggar.
Nevertheless, he explained, the Ministry of Trade has not been able to publish a number of records related to the postponement of ministerial meetings that will discuss the national oil palm sub-sector. "The note is in the Coordinating Minister for the Economy, Darmin Nasution.” We are forbidden to precede," said Enggar. (hid)
Read Also
Sawit Sumbermas Sarana Preparing RSPO Virtual Tour for August 2021
Kao Corporation, Apical & Asian Agri Join Hands to Empower Smallholders…
Shared Responsibility Boosts Sustainable Palm Oil Absorption In Indonesia
RSPO Independent Smallholders Ride The Rough Patch of Covid-19
GAPKI: Thank you Indonesian Press
Today's Industry

Selasa, 17 Mei 2022 - 14:00 WIB
NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics
The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

Selasa, 17 Mei 2022 - 13:00 WIB
President Jokowi Invites US CEOs to Boost Cooperation with Indonesia
President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

Selasa, 17 Mei 2022 - 12:28 WIB
President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President
President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

Selasa, 17 Mei 2022 - 11:23 WIB
TPE unleashes benefits for pet accessories
The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Jumat, 13 Mei 2022 - 16:15 WIB
Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…
News Comment