The Palm Scribe

Indonesia may negotiate palm oil import duty

Bisnis Indonesia, 21 November 2018

Indonesia may trade India’s raw sugar with its crude palm oil (CPO) to gain lower import duty. India has demanded Indonesia to lower import duty of its sugar from 10% to 5%. Institute For Development of Economics and Finance (Indef) economist Rusli Abdullah on Tuesday (November 20) argued Indonesia might exploit India’s demand in a trade negotiation between both countries.

Share This