Jakarta is celebrating the WTO ruling, but analysts warn demand and market access issues could stall hopes of progress for it – and Malaysia.
EU says that Indonesia is a sovereign state and has the right to decide from which country it imports its oil, even if it comes from Russia.
In 2019, the world’s largest palm oil producer Indonesia sued the EU at the World Trade Organization (WTO) over the group’s Renewable Energy Directive II (RED II) policy. Under the RED II, the EU plans to phase out the use of palm oil-based biofuel by 2030 if they indicate a high risk of causing “indirect land use change” (ILUC).
Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ruling.
Indonesia’s entry to BRICS had opened up the possibility of Jakarta importing Russian oil, whose prices have been pushed below the global benchmarks by the sanctions.
Indonesia has welcomed a recent ruling by the World Trade Organisation (WTO), which found that the European Union (EU) discriminated against Indonesian palm oil-based biofuel, giving it unfair and detrimental treatment,
The WTO decision opens up new opportunities for the development of palm oil-based biodiesel, previously discriminated against by the EU.
Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim reached an agreement to address bilateral matters, including labor
The World Trade Organization (WTO) dispute panel has ruled that the European Union (EU) violated provisions of the Technical
The world's largest palm oil producer Indonesia brought the case to the WTO dispute body in 2019 after the EU decided that palm oil-based diesel would not be considered a biofuel due to its link ...
Indonesia welcomed a World Trade Organisation (WTO) ruling, that supports the nation in its dispute over“palm oil disc
Indonesian President Prabowo Subianto and Indian Prime Minister Narendra Modi emphasised their shared commitment to peace, security, and prosperity in the Indo-Pacific region, along with their determination to deepen the long-term strategic partnership between the countries.