Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil, sugar
Date
01/02/2019
Policy Category
Trade
Policy Instrument
Bilateral cooperation
Description
Negotiated reduced import duties for Indonesian palm oil in India in exchange for improved market access for Indian sugar in Indonesia.
Notes
Indonesia has offered improved market access for Indian sugar in exchange for reduced Indian import duties on palm oil imported from Indonesia. When India revised its palm oil duty structure last January (see MPPU Jan.19), Indonesian exporters of refined palm oil started facing higher duties than their Malaysian competitors. Therefore, Indonesia invited India to lower its ad valorem tariff to 45 percent, matching the duty applied to Malaysian imports. India is Indonesias top buyer of refined palm oil.
