Indonesia warns on EU trade deal, dairy imports amid palm oil spat


Trade tensions have risen since the European Commission concluded that palm oil causes excessive deforestation and should not be considered sustainable, meaning palm-based diesel in transport fuel would be phased out between 2023 and 2030.

JAKARTA: Indonesia is prepared to walk away from talks on a free trade deal with the European Union over the bloc's stance on palm oil, while also launching a probe into subsidies on dairy imports from the EU, a trade ministry official said.

Trade tensions have risen since the European Commission concluded that palm oil causes excessive deforestation and should not be considered sustainable, meaning palm-based diesel in transport fuel would be phased out between 2023 and 2030.

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Indonesia , palm oil , EU , warning , biodiesel , forests , nickel , dairy , poultry , imports ,

   

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