Indonesia Must Continue to Prepare to Open New Market CPO Exports

By : Aldo Bella Putra | Friday, July 28 2017 - 14:17 IWST

5166
5166

INDUSTRY.co.id - Jakarta - Amid the obstacles that come from various countries, including the European Union, Indonesia continues to diversify the export market of palm oil products.

"As the largest producer of palm oil (CPO), Indonesia has been getting many trade barriers from various countries, so the government is aggressively diversifying the export market for palm oil commodities," said Kasan Muhri, Head of the Ministry of Trade Trade and Development Agency Jakarta, Friday (07/28/2017).

According to Kasan, Indonesia must continue to prepare itself to open new markets for CPO exports. It is prepared to deal with trade barriers from major destination countries.

"Currently, palm oil derivative products have reached hundreds of species, especially in Europe, where growth of commodity exports has increased significantly," he said.

Exports of CPO and its derivatives to Europe, in 2016, the volume rose 37%, the value rose 71%.

"In anticipation of trade barriers from Europe, Indonesia is in the market penetration by accelerating bilateral agreements with non-traditional markets, to reduce obstacles such as tariffs and high import duties in some new destination countries," Kasan said.

News Comment

Today's Industry

 Huawei ICT Competition 2022–2023 Global Final Closing and Awarding Ceremony (Photo: Huawei)

Jumat, 02 Juni 2023 - 17:40 WIB

Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards

The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

CleverTap logo

Jumat, 02 Juni 2023 - 15:50 WIB

CleverTap launches local deployment of its SaaS platform in Indonesia

CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

President Jokowi inaugurated the 2nd Kretek Bridge, in Bantul, DI Yogyakarta, Friday (02/06/2023). (Photo: BPMI Setpres)

Jumat, 02 Juni 2023 - 15:10 WIB

Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route

RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

President Jokowi led the Pancasila Harlah Commemoration ceremony, which was held in the National Monument Area, Jakarta, Thursday (01/06/2023). (Photo: Public Relations of Setkab/Oji)

Jumat, 02 Juni 2023 - 14:00 WIB

President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges

In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Minister of Investment/Head of BKPM Bahlil Lahadalia (Photo: Public Relations of Setkab/Rahmat)

Jumat, 02 Juni 2023 - 13:30 WIB

President Encourages Acceleration of Electric Battery Ecosystem Development

Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…