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Indonesia appeals WTO ruling in nickel dispute against EU
The WTO panel ruled in favour of the EU last month, saying that neither the prohibition of nickel exports nor a domestic processing requirement requiring all nickel ore to be refined in Indonesia were in line with global trade rules, prompting President Joko "Jokowi' Widodo to say that his country would appeal the ruling.
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Hot topic: A furnace operates at the nickel smelting facility belonging to PT VDNI on the Morosi industrial estate in Konawe, Southeast Sulawesi on Sept. 9, 2022. The company processes nickel to produce stainless steel. ( Antara/Jojon)
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ndonesia on Monday filed an expected appeal against a World Trade Organization (WTO) panel ruling that was in favour of the European Union (EU) in a dispute over Jakarta's ban on nickel ore exports, the WTO said.
The WTO panel ruled in favour of the EU last month, saying that neither the prohibition of nickel exports nor a domestic processing requirement requiring all nickel ore to be refined in Indonesia were in line with global trade rules, prompting President Joko "Jokowi' Widodo to say that his country would appeal the ruling.
The European Union had launched its challenge at the WTO in November 2019, arguing that Indonesian export restrictions on raw materials was unfairly harming its stainless steel industry. Indonesia banned nickel ore exports from the start of 2020.
The Indonesian government has claimed that its raw nickel export ban, which started in January 2021, has shown positive impacts after seeing increases in mining investments and exports of nickel-derived products.
The Indonesian government has long desired to add high value to domestic mining products, especially nickel, through downstreaming.
