Jakarta – Indonesia has sought the Netherlands’ assistance against the European Union’s (EU’s) anti-deforestation trade policy that might negatively impact Indonesian farmers.
” We ask for assistance from the Dutch federal government to minimize barriers for Indonesian products that have fulfilled sustainable requirements to enter the EU,” Trade Minister Zulkifli Hasan stated here on Saturday.
Trade in between Indonesia and the EU has huge capacity, but it could be obstructed by the EU’s anti-deforestation policy (EUDR), he added.
According to him, EUDR has the possible to negatively affect the exports of Indonesia’s flagship products such as palm oil, coffee, rubber, and wood.
Indonesia and the Netherlands are likewise pushing for the completion of the Indonesia-European Union Comprehensive Economic Partnership Arrangement (IEU-CEPA) settlements in 2024.
” The negotiator team is anticipating settling the negotiations. Indonesia likewise hopes that the Dutch government can support these efforts,” Hasan said.
On the other hand, the ministry’s director general of international trade settlements, Djatmiko Bris Witjaksono, stated that the implementation of IEU-CEPA is forecasted to increase the value of trade and financial investment in between Indonesia and the EU.
” The Netherlands is Indonesia’s largest export destination in Europe, so the implementation of this extensive trade contract will be mutually useful for service gamers in both nations,” he said.
The total trade between Indonesia and the Netherlands in January– June 2023 was tape-recorded at US$ 2.35 billion.
Throughout the duration, Indonesian exports to the Netherlands totaled US$ 1.87 billion and Indonesia’s imports from the Netherlands reached US$4849 million.
In 2022, the total trade between the two countries reached US$ 6.
Indonesia’s main exports to the Netherlands consist of commercial monocarboxylic fats, palm oil and its portions, palm kernel and other strong residues, and copra.
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