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View all search resultsThe Jakarta Post’s Ruth Dea Juwita sat down with EU-ASEAN Business Council executive director Chris Humphrey during his visit to Jakarta on May 15 to talk about progress on trade negotiations and about business strategies for navigating Indonesian rules on local content and imports as well as the EU’s regulation on deforestation (EUDR).
The EU's deforestation law will apply from 2025, and the bloc will begin imposing CO2 charges on imported goods from 2026 under its carbon border levy. Both policies have faced criticism from the likes of India, Indonesia and Brazil.
In the WTO's first ruling related to deforestation, a three-person panel voted by two-to-one to reject Malaysia's substantive claims, while accepting its complaints over how the measures had been prepared, published and administered.
India, which had sought concessions on agriculture, had blocked the extension but reversed course after a request from host United Arab Emirates, leaving the two-year extension as the only significant outcome from the meeting.
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