Trade Barrier Becomes the Issue in Palm Oil Export

Trade Barrier Becomes the Issue in Palm Oil Export

InfoSAWIT, JAKARTA -  Economist of Institute for Development of Economics and Finance (Indef), Rina Oktaviani confessed, industrial products from Indonesia still face many issues.

The simplest one, for example, is crude palm oil from Indonesia. It always faces barrier to compete through the tight regulation. Besides in some countries, there are negative campaigns to do.

“Luckily the negative campaigns to our palm oil product are not seen. But it is hoped, Indonesia and European Union could strengthen the cooperation,” she said as InfoSAWITquoted fromRMOL.

Though it is blocked by some regulations, she suggested, the businessmen should adjust and obey every regulation. According to the study of Indef, the increasing of 1% import from European Union would increase the foreign investment of European reaching 2,43% in the next year. And the increasing 1 million Euro of direct investment, the foreign fund from Europe would increase the import of Indonesia reaching 2,14 millionUS dollar in the next year. (T2)

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