Indonesia and Malaysia agreed to visit the European Union with the joint mission of communicating the deforestation-free commodity regulations for the palm oil sector.
He said the government aims to ensure the implementation of sustainable practices in oil palm industry.
The Attorney General's Office has scheduled a follow-up examination of Surya Darmadi next Thursday, August 18.
The alleged corruption is in the provision of export facilities for crude palm oil (CPO) for several companies. Five suspects are brought into the case.
The ban was first imposed on April 28.
Will the ban increase the CPO prices?
He said the decision wasnt made lightly by President Joko Widodo because while export results in shortage and price hike in Indonesia, it contributes greatly to national economy.
President Joko Widodo announced that the Indonesian government would ban the export of cooking oil and its raw materials starting Thursday, April 28, 2022, for an undetermined time limit.
The potential is enormous because Indonesia is the largest producer and exporter of palm oil in the world.
As instructed by President Joko Widodo, Indonesia must stop the export of CPO so that the commodity can be processed into value-added derivative products.
Riau Province is estimated to have about 2,806,349 hectares (6,934,639 acres) of oil palm land. With such a large area, the area produces as much as 9.5 million tons of palm oil annually. What are the other four?
