The EU's Anti-Deforestation Regulation, expected to be fully effective by the end of this year, has Indonesia seeking new markets including the North African region to sell coffee, cocoa, and other agricultural products.
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According to vietnambiz.vn Bloomberg quoted a high-ranking Indonesian official as saying that the government of the country is seeking new markets, including the North African region, to support small coffee and cocoa farms facing the risk of losing access to the European Union (EU) market due to the bloc's new anti-deforestation regulations. "We are currently supporting the search for other markets," Indonesian Deputy Foreign Minister Arif Havas Oegroseno said in an interview on Thursday. "North Africa is emerging as a potential market for coffee and cocoa." According to Mr. Havas, the Indonesian government is also cooperating with Egypt to increase exports to that country, while considering Libya and Syria as other promising markets. The EU's Anti-Deforestation Regulation, expected to be fully effective by the end of this year, aims to restrict deforestation for the production of commodities such as soy, cocoa, coffee, beef, and palm oil. Indonesia is currently the world's ...
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