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

President Joko “Jokowi” Widodo Wednesday (16/06) inspected mass COVID-19 vaccination for workers in financial service sector held at Tennis Indoor Senayan, Jakarta

Kamis, 17 Juni 2021 - 20:10 WIB

President Jokowi Inspects Mass COVID-19 Vaccination for Workers in Financial Sector

President Joko “Jokowi” Widodo Wednesday (16/06) inspected mass COVID-19 vaccination for workers in financial service sector held at Tennis Indoor Senayan, Jakarta.

Minister of Manpower Ida Fauziyah delivered a statement in the Presidential Office, Monday, (10/8). Photo by: BPMI

Kamis, 17 Juni 2021 - 19:00 WIB

Manpower Minister Tells Companies to Reinforce Health Protocols

Companies must continue to enforce strict health protocols in the workplace, particularly amidst the recent spike in COVID-19 cases in several regions, Minister of Manpower Ida Fauziyah has…

President Jokowi inaugurates Indonesia’s Export Release to the Global Market online at Bogor Presidential Palace, West Java (04/12/2020). (Photo by: Press Media and Information Bureau of Presidential Secretariat/Lukman)

Kamis, 17 Juni 2021 - 17:55 WIB

Indonesia Reports Upward Trend Economic Recovery

The Government has announced that Indonesia economic recovery will continue in line with the positive trend of exports and imports. For the record, Indonesia’s exports in May 2021 reached…

International Labour Organization (ILO)

Kamis, 17 Juni 2021 - 16:20 WIB

Indonesia Elected Member of ILO Governing Body

Indonesia has been chosen as a regular member of the Governing Body (GB) of the International Labour Organization (ILO) for the 2021-2024 period and will represent the Asia Pacific region along…

Minister of Home Affairs Tito Karnavian. Photo by: PR of Cabinet Secretariat

Kamis, 17 Juni 2021 - 15:40 WIB

Gov’t Extends Micro-Scale Restrictions to 28 June

The Government has decided to extend the implementation of Micro-Scale Activity Restrictions (PPKM Mikro) from 15 June to 28 June 2021.