Indonesia hits European Union with WTO lawsuit over palm oil | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Friday
June 02, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
FRIDAY, JUNE 02, 2023
Indonesia hits European Union with WTO lawsuit over palm oil

World+Biz

BSS/AFP
16 December, 2019, 12:25 pm
Last modified: 16 December, 2019, 12:33 pm

Related News

  • Malaysian palm oil firms say they are not hiring from Bangladesh over recruitment concerns
  • Indonesia president says Myanmar human rights abuses cannot be tolerated
  • Indonesia, Singapore condemn 'shootout' involving ASEAN officials in Myanmar
  • Indonesia president condemns attack on ASEAN officials during aid delivery in Myanmar
  • European carmakers look to Indonesia as alternative to China

Indonesia hits European Union with WTO lawsuit over palm oil

Neighbouring Malaysia, the world’s second-biggest palm oil producer, has also threatened WTO action against the EU

BSS/AFP
16 December, 2019, 12:25 pm
Last modified: 16 December, 2019, 12:33 pm
Workers stand near palm oil fruits inside a palm oil factory in Sepang, outside Kuala Lumpur, February 18, 2014. Reuters/Samsul Said
Workers stand near palm oil fruits inside a palm oil factory in Sepang, outside Kuala Lumpur, February 18, 2014. Reuters/Samsul Said

Indonesia has filed a World Trade Organization lawsuit against the European Union over plans to phase out palm oil-based biofuel for cars, the trade ministry said.

The action could escalate a trade dispute between Indonesia — the world's top palm oil producer – and the EU, which plans to end its use of biofuels by 2030, citing concerns over widespread deforestation caused by the sector.

The EU earlier imposed duties on imports of subsidised biodiesel from Indonesia saying it was needed to level the playing field for its producers.

In response to what it called "discriminative" policies against its key palm oil exports, Indonesia said it filed a complaint with the WTO last week.

"Indonesia officially sent a request for consultation on December 9, 2019 to the EU as the initial step for the lawsuit," Trade Minister Agus Suparmanto said in a statement Sunday.

Neighbouring Malaysia, the world's second-biggest palm oil producer, has also threatened WTO action against the EU.

Teresa Kok, the minister overseeing Malaysia's palm oil sector, said on Monday that she will head to Europe in March, and a challenge will not be filed until after then.

She said she wanted to try to convince European officials to change course on her trip.

"I want to give my trip a chance and see whether I can avoid filing the case at the WTO," she added.

Palm oil is the world's most widely used vegetable oil and a key ingredient in a wide range of products from food to cosmetics.

But environmentalists say it drives deforestation, with huge swathes of Southeast Asian rainforest logged in recent decades to make way for palm plantations.

Iman Pambagyo, Indonesia's director general for international trade negotiations, said Jakarta had previously tried other bilateral avenues to reach an agreement, without success.

"We need to assert Indonesia's stance on EU policy," Pambagyo said, referring to the WTO complaint, and adding that he hoped for a "best solution".

Top News

palm oil / Indonesia / European Union

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Budget made on unrealistic assumptions, targets are illusory: CPD
    Budget made on unrealistic assumptions, targets are illusory: CPD
  • Photo: Collected
    Remittance drops in May due to hundi
  • NDB to finance water supply and gas pipeline construction projects in Bangladesh
    NDB to finance water supply and gas pipeline construction projects in Bangladesh

MOST VIEWED

  • U.S. President Joe Biden in the Oval Office at the White House in Washington, U.S., September 16, 2022. REUTERS/Evelyn Hockstein/File Photo
    Biden trips, tumbles on Air Force stage
  • Consumers may find the digital rupee to be a safer alternative to bank deposits. Photo: Bloomberg
    Russia’s rupee trap is adding to $147 bln hoard stuck abroad since Ukraine invasion
  • A riot police officer walks near a car set on fire during clashes between supporters of Senegalese opposition leader Ousmane Sonko and security forces after Sonko was sentenced to prison in Dakar Senegal June 1, 2023 REUTERS/Zohra Bensemra
    Nine killed in Senegal clashes after opposition leader sentenced
  • HT File photo of Congress leader Rahul Gandhi.
    United Indian opposition can beat Modi in 2024: Rahul Gandhi
  • Photo: Reuters
    US seeking explosives in Japan for Ukraine artillery shells
  • Pakistan prime minister Shehbaz Sharif and Imran Khan. Photo: Hindustan Times
    Pakistan government toughens stance on Imran Khan

Related News

  • Malaysian palm oil firms say they are not hiring from Bangladesh over recruitment concerns
  • Indonesia president says Myanmar human rights abuses cannot be tolerated
  • Indonesia, Singapore condemn 'shootout' involving ASEAN officials in Myanmar
  • Indonesia president condemns attack on ASEAN officials during aid delivery in Myanmar
  • European carmakers look to Indonesia as alternative to China

Features

Photo: Md Adnan Khairullah

Above six thousand metres

19h | Features
Photo: Collected

Al Faya, one grain at a time

20h | Explorer
Illustration: TBS

Runaway non-food inflation remains the bigger culprit, but unchecked

1d | Panorama
There are more than 20 similar shops on Nilkhet footpath that sell tea, biscuits, crockeries, kitchenwares, bedsheets, mats, manicure sets, etc and all carry the logos and marks of different medicines and pharmaceutical companies in Bangladesh. 
Photo: Noor A Alam

Uncovering a treasure trove of pharma co gifts in Nilkhet's footpaths

2d | Panorama

More Videos from TBS

Budget reflects IMF conditions

Budget reflects IMF conditions

2h | TBS Economy
Awarness and vaccination can prevent cervical cancer

Awarness and vaccination can prevent cervical cancer

2h | TBS Health
Prices up, prices down

Prices up, prices down

17h | TBS Economy
6% inflation rate highly ambitious: Selim Raihan

6% inflation rate highly ambitious: Selim Raihan

17h | TBS Economy

Most Read

1
bKash denied permission to pay $4.10 lakh for Argentina football partnership
Banking

bKash denied permission to pay $4.10 lakh for Argentina football partnership

2
File Photo: Mohammad Minhaj Uddin/TBS
Bangladesh

Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers

3
Boeing offers Biman its latest 787-10 Dreamliner
Bangladesh

Boeing offers Biman its latest 787-10 Dreamliner

4
Country's first floating solar power plant connected to national grid
Energy

Country's first floating solar power plant connected to national grid

5
Govt to double gain tax on land, flat registration
Budget

Govt to double gain tax on land, flat registration

6
Photo: TBS
Environment

Green space in Dhaka North declines 66% in 3 decades: Study

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]