RI-Australia Immediately Complete the Trade Negotiation of Palm Oil

By : Ridwan And Aldi Firhand. A | Monday, April 09 2018 - 20:30 IWST

Minister of Trade Enggartiasto Lukita (Ist)
Minister of Trade Enggartiasto Lukita (Ist)

INDUSTRY.co.id - Jakarta, the Government of Indonesia and Australia are finalizing the negotiation agreement or negotiation of crude palm oil trade of both countries.

"We with Australia are in the process, this August should be the final agreement," said Trade Minister Enggartiasto Lukita after meeting Vice President Jusuf Kalla at the Vice President's Office on Monday (9/4/2018).

He added that we are also continuing to communicate intensively with the Australian parliament over the drafting of the policy on the use of palm oil and its derivative products in Australia.

"There are still some things in the negotiations, and I with Steve Ciobo (Australian lawmakers) agree that the next round of negotiating teams will take place shortly, leaving some ministers who will take the final steps," he said.

In addition to Australia, he continued, the EU and the United States are reviewing the use of palm oil and its derivative products in the country.

They argued that palm oil products are not friendly to environmental sustainability, as well as the largest contributor to illegal logging.

However, the Minister of Trade sees no motive for industrial competition behind the ban on the use of crude palm oil in the European Union, the United States and Australia.

Therefore, the Government of Indonesia will stop importing commodities from Europe, if the parliaments of these countries insist on halting the entry of crude palm oil from Indonesia.

"If they start like that (forbidding CPO), I also go to Norway that I will also ban the fish (go to Indonesia) as well as the purchase of airplanes, such as Airbus and Boeing. If this (ban) continues to grow, it is unlikely we will stop that too, "explained the Minister.

News Comment

Today's Industry

World Bank Group (Images by ITU)

Kamis, 05 Maret 2020 - 07:23 WIB

World Bank Group Announces Up to $12 Billion Immediate Support for Covid-19 Country Response

As Covid-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and…

Synopsys, Inc. (Images by PR Newswire)

Rabu, 04 Maret 2020 - 16:57 WIB

Better IoT Security Depends on Changes in Culture, habits

Ironically enough, the good news about the atrocious security of Internet of Things (IoT) devices might be that the bad news is getting a higher profile.Stories about security cameras getting…

Line Security Bug Bounty Program (Images by LINE Corporation)

Rabu, 04 Maret 2020 - 16:47 WIB

LINE Security Bug Bounty Program Report 2019

In late 2018 through early 2019, we began investigating the potential benefits of moving our program to HackerOne. After careful consideration, we concluded that we could likely improve the…

Check Point Software Technologies (Images by Acclaim)

Rabu, 04 Maret 2020 - 16:34 WIB

Check Point’s Hits Major Milestone as 100th Academic Institution Joins the Global Education

Check Point Software Technologies Ltd. NASDAQ: CHKP, a leading provider of cyber security solutions globally, has today announced that its Check Point SecureAcademy education initiative reached…

CloudGuard SaaS (Images by Check Point Software)

Kamis, 27 Februari 2020 - 14:08 WIB

Why are we still talking about email security?

with the rapid adoption of the internet and then the mobile internet, the email security market matured as enterprises understood that accessing proprietary information via the network exposed…