Biodiesel

Indonesia has Тhreatened to Impose Higher Duties on EU Dairy Products

The Indonesian Ministry of Commerce has threatened to impose higher tariffs on EU dairy products in response to the proposed measure by the bloc on palm oil biodiesel, the BTA quoted France as saying.

The warning could exacerbate the trade dispute between the EU and Indonesia, which is the world's largest producer of palm oil. The EU plans to reduce palm oil-based biofuels by 2030.

Indonesia Declares a Trade War to the European Union

Indonesia, which is the largest producer of palm oil, plans to raise the import duties on dairy products from EU countries to 8-18 percent.

The intention of raising the tariffs was announced by the Minister of Commerce of the Asian country Enggartiasto Lukita. The measure is in response to the Union's plan to impose similar duties on Indonesian palm oil biodiesel, he added.

Biofuels phase-out will raise demand for feed imports, industry warns

Biofuels in the EU are deeply intertwined with global food and feed markets. As the EU discusses its future biofuels policy, their contribution to the bloc’s animal feed supply and impact on food prices have emerged as major battlegrounds between supporters and critics.