Markets and trade
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/10/2018
Policy Category
Trade
Policy Instrument
Trade agreement
Description
Concluded free trade negotiations with Switzerland (as part of a Comprehensive Economic Partnership Agreement between Indonesia and the European Free Trade Association comprising Iceland, Liechtenstein, Norway and Switzerland), with a view to fostering its palm oil shipments to the country.
Notes
The two countries concluded free trade negotiations as part of a Comprehensive Economic Partnership Agreement between Indonesia and EFTA (the European Free Trade Association comprising Iceland, Liechtenstein, Norway and Switzerland). Indonesia’s palm oil shipments are expected to benefit from the agreement, subject to provisions regarding the sustainability of production and provided they do not harm Swiss oilseed production.