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Jakarta Post
The Jakarta Post
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Govt urged to respond to France’s palm oil tax plan

  • The Jakarta Post

| Mon, November 19 2012 | 09:25 am

PREMIUM The local palm oil industry has demanded that the government lodge a formal protest with France following the French Senate’s approval on a measure that will quadruple import tax on palm oil, a key ingredient in its food industry.

French lawmakers reportedly passed the measure last week, which will raise the existing tax of €100 (US$127) per ton of palm oil to €400 per ton, to encoura...