Indonesia set for palm-oil boost in EU trade deal
Yahoo Finance·2025-09-24 11:37
The EU and Indonesia have concluded talks on a free-trade deal that includes zero tariffs on palm oil exports from the South East Asian country. The draft agreement, described by EU Trade Commissioner Maroš Šefčovič as “a game-changer for both our economies”, removes Indonesia’s duties on certain EU agri-food products. EU farming lobby groups Copa and Cogeca welcomed the deal, which will head to the European Council and European Parliament for approval. However, the zero-tariff rate on Indonesian palm o ...