Indonesia: Mendag Zulhas referred to the European Anti-Deforestation Law as colonialist regulations
RBD Palm Oil
Published Jul 11, 2023
Tridge summary
The Ministry of Trade of the Republic of Indonesia is dealing with the European Union's anti-deforestation law by criticizing its ratification and considering it unfair and damaging to trade in various food commodities. The government is advocating for the ratification of the EUDR and pushing for domestic absorption of EUDR-related products to expand markets outside Europe. The Ministry of Trade's steps in dealing with the EUDR regulations are discussed in a dialogue with the Indonesian Minister of Trade, Zulkifli Hasan.
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Original content
Jakarta, CNBC Indonesia- CNBC Indonesia presents the 2023 Economic Update with the theme "Building Optimism for Stronger Recovery" on 10-14 July 2023 to explore prospects, challenges and the contribution of the private sector to encourage optimism for Indonesia's economic development amidst global uncertainty. The Minister of Trade of the Republic of Indonesia, Zulkifli Hasan in the Economic Update strongly criticized the ratification of the European Union's anti-deforestation law or The EU Deforestation-Free Regulation (EUDR). This rule is like colonialism because it is unfair and detrimental to trade in a number of food commodities ranging from palm oil, coffee, pepper, cloves, resin to rubber. The Minister of Trade confirmed the government's efforts to advocate for the ratification of the EUDR. In addition, the government is pushing for domestic absorption of ...
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