Published on March 11, 2014
Indonesia – Brazil: Palm Oil as Prospective Export Commodity of Indonesia to Latin America Rahmat Kurniawan Raka 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 I N D O N E S I A B R A Z I L BILATERAL Roundtable on Sustainable Palm Oil (RSPO) Public – Private Partnership Education projects MULTILATERAL Regular Business Meetings ASEAN – MERCOSUR Ministerial Meetings ASEAN Latin Business Forum
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