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Jakarta Post

EU defends stance on palm oil amid Indonesia's backlash

  • Riska Rahman

    The Jakarta Post

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Jakarta   /   Fri, September 6, 2019   /  01:17 pm
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Harvest time: A worker gathers oil palm fruit bunches at a plantation in Lampung.(The Jakarta Post/R. Berto Wedhatama)

The European Union has defended its stance on palm oil and warned against any threat of retaliation by the Indonesian government, leading to a rise in trade tensions between the two jurisdictions. The EU, which is Indonesia’s largest palm oil customer, denied allegations that it had deliberately tried to undermine the market for the commodity, citing market demand as the reason for its problems. “What causes those ups and downs in the palm oil market? The main factor is the market itself,” charge d’affaires ad interim of the EU mission in Indonesia, Charles Michel-Geurts, told the press in Jakarta on Thursday. He cited rising demand for more sustainable products as consumers became more aware of the impact of deforestation on the planet. As a result, manufacturers have begun labeling their products to cater to consumer preferences. “The EU as an ...