Not only now, Europe has been nosy about Indonesia's palm oil for a long time

Jakarta, CNBC Indonesia - Since May 2023, the European Union (EU) has enacted an anti-deforestation law (UU) (European Union Deforestation Regulation/ EUDR). Which will require due diligence on every product of palm oil, coffee, cocoa, wood, rubber, and cattle, as well as their derivatives, which will be traded to the area. This new rule adds to the list of regulations made by Europe and tackles oil palm. Starting from the concept of Indirect Land Use Change (ILUC) in RED II, to plans for rules preventing greenwashing or claims to fulfill green industries, as well as the issue of forced labor. Now, the European Union has implemented policies related to deforestation. This shows that Europe is not the first time to implement policies that have the potential to hinder palm oil trade. In fact, palm oil is one of Indonesia's leading commodities. Where in 2022, it managed to contribute up to US $ 38.078 billion to RI's foreign exchange. Produced from exports as much as 33.92 million ...