Palm Oil as Prospective Export Commodity of Indonesia to Latin America
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Transcript of Palm Oil as Prospective Export Commodity of Indonesia to Latin America
Indonesia – Brazil: Palm Oil as Prospective Export Commodity of Indonesia to Latin America
Rahmat KurniawanRaka Tantra D. Pamungkas
Clingendael, March 2014
Current Trade Relations
Indonesia 2012 Brazil
Import: US$ 1.97 billion
Export: US$ 1.48 billion DEFICIT
Palm Oil?
• High Profit• “Biodiesel, biodiesel and biodiesel” –
Dorab Mistry• Environmental Critics
What is the best trade policy?
Policy Options
1. Leverage to the production of palm oil with support as commodity-based exports
2. Palm oil plantation in responsible way by implementing sustainability and environmentally-friendly projects
3. Investment in technology, management, process and quality control of palm oil in Brazil
Practical Implications
BILATERALRoundtable on Sustainable Palm Oil (RSPO)
Public – Private PartnershipEducation projects
MULTILATERALRegular Business Meetings
ASEAN – MERCOSUR Ministerial MeetingsASEAN Latin Business Forum
Thank you