Introduction
Indonesia is now experiencing a bonus demographic population characterized by a growing middle class. This phenomenon has caused increasing demand for beef, where more than 98% of beef cattle production is managed by smallholder farmers. The national policy has been focused on...
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INTRODUCTION
World palm oil production is dominated by Indonesia and Malaysia, which supply 85-90% of the world's total palm oil production. Indonesia is the largest producer and exporter of palm oil. This industry also contributes the largest foreign exchange to Indonesia, which is...
2021.06.21
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ABSTRACT
Indonesia is the largest palm oil producer globally, producing nearly 50 million metric tons of oil annually. Palm oil has a significant influence on the welfare of Indonesians among local farmers. Although the global controversy over palm oil is increasing, palm oil is the livelihood...
Indonesia and Malaysia, the world’s two largest palm oil producers, are in negotiations with their European Union (EU) counterparts, hoping the bloc will refrain from implementing stringent measures that may hammer the palm oil industry in its upcoming deforestation law.
Officials from the two countries met with leaders of the EU Commission and Parliament on May 30 and 31 to negotiate the terms of upcoming legislation called the EU Deforestation Regulation (EUDR), which will tighten rules on trading commodities associated with deforestation.
The talks were led by Indonesian Coordinating Economic Minister Airlangga Hartarto and Malaysian Deputy Prime Minister and Plantation and Commodities Minister Dato’ Sri Haji Fadillah Bin Haji Yusof.
Both are pursuing to resolve several issues, namely smallholders in the supply chain, acceptance of the national sustainable certification schemes, the law’s benchmarking system, geolocation, as well as land legality and traceability, according to the Council of Palm Oil Producing Countries (CPOPC).
“The EUDR will likely narrow smallholder farmers’ access to the EU market due to difficulties in fulfilling the requirements of proof of land legality and the geographical location of their plantations,” the Office of the Coordinating Economic Affairs Minister told The Jakarta Post on Sunday.
The office said Indonesia’s palm oil exports to the EU had declined to 5.3 million tonnes last year, down from 7 million tonnes in 2019. Similarly, the share of the world’s palm oil exports to the EU shrank to just 10.2 percent last year, down from 17 percent over the past five years.
Read more here.