Win the Claim in WTO, Palm Oil Derivative Product,Fatty AlcoholWould be boosted to European Union

Win the Claim in WTO, Palm Oil Derivative Product,Fatty AlcoholWould be boosted to European Union

Info SAWIT, JAKARTA – General Director of Foreign Trade, Ministry of Trade, Oke Nurwan emphasized, thefatty alcoholfrom Indonesia is ready to compete again in the European Union. The chance is open after European Commission (EC) decided to stop the Anti - Dumping Import Duty (ADID) in November 2016 on the fatty alcoholproducts from Indonesia.

“The fatty alcohol exports to the other countries, namely in European Union would be more and increase after the export trade barrier to European Union. The increasing trade, of course, should be done by obeying the regulation in the World Trade Organization (WTO),” Oke said in the official statement to InfoSAWIT, Thursday (14/12/2017).

He also explained, days before, the fatty alcohol imports from Indonesia had issue in ADID in European Union. The margin dumping was among €45,63/ton to €80,34/ton and would run for five years. ADID was effective since 8 November 2011 to 12 November 2016.

But in January 2012, Indonesia once claimed the publication of ADID to General Court of the European Union. The result was that one exporter was successfully out of the ADID implementation. In the end, on 11 December 2012 European Union decided the change of ADID for Indonesia within the margin dumping, from  0to €45,63/ton. “The implementation of ADID once decreased the fatty alcohol export to European Union,” he said.

Based on Central Statistics Agency (CSA), the exports from Indonesia to European Union in fatty alcohol in 2011, before ADID was implemented, reached US$ 148 million. In 2016, after ADID was implemented, the exports decreased to be US$ 80 million. It showed, the decreasing exports reached 45% after ADID was implemented though after 2016, the exports increased again from US$ 53,12million (in 2015) to be USD 81 millionin 2016.

By estimating, the increasing export would be 52% per year, the fatty alcohol exports, after the ADID is stopped, would be USD 285 millionin 2019. “The numbers would be the good prestige for Indonesia in the market competitiveness in European Union,” he said.

The stop of ADID by European Union and the victory for Indonesia, based on the Appellate Body (AB) of WTO decision, of course, would be the good news to export fatty alcohol to Europe. “The producers/exporters in Indonesia should take the chance as good as they could to increase the export and compete in the Europe,” he said. (T2)

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