A Consolidation to Foster Free Trade
JAKARTA – Malaysian Minister of International Trade and Industry, Mr Darell Leiking, made a visit to the Secretariat of Council of Palm Oil Producing Countries (CPOPC) in Wisma Nusantara Building, Jakarta, on Saturday (11/8).
The courtesy call is part of Mr Darell three-day working visit to Indonesia, to meet with several Indonesian Ministers in efforts to increase bilateral trade and investment cooperation as well as discuss issues pertaining ASEAN’s economic integration.
As the courtesy visit intended to collaborate on promoting free trade, Mr Darell and his team was briefed on recent updates on global palm oil trade and sustainability issues, presented by Executive Director of CPOPC, Mr Mahendra Siregar, that led to a stimulating discussion.
A few issues that pulled-in most attention were the adoption of European Union (EU) Renewable Energy Directive II, and the controversial EU-promoted indirect land use change (ILUC) measures. ”If palm palm oil banned, or without palm oil, (the land use change) could be even worst. It is just politics,” said Minister Darell commenting on the likely dreadful impact of the EU’s ILUC.
The Ministers responsible for the palm oil industry from Malaysia, Her Excellency Mdm. Teresa Kok, Minister of Primary Industries of Malaysia, and His Excellency Mr. Darmin Nasution, Coordinating Minister for Economic Affairs of the Republic of Indonesia co-chaired the 6th Ministerial Meeting of Council of Palm Oil Producing Countries (CPOPC) in Jakarta, Indonesia, on 28 February 2019. The Ministry of Agriculture of Colombia was represented by Mr Felipe Fonseca Fino, Director of Agricultural Rural Planning Unit.read more
PUTRAJAYA – To boost domestic demand and push forward the palm oil industry, Council of Palm Oil Producing Countries (CPOPC) organized Business Forum on 12 February 2019 in Putrajaya, Malaysia. Over a hundred palm oil stakeholders from five countries attended the event that aims to promote higher biodiesel blends in Malaysia and wider use of hydrotreated vegetable oils (HVO), the next generation of biodiesel.read more