palmoil

Unintended Consequences of Europe’s Fight Against Deforestation

As part of its flagship Green Deal, the European Parliament approved a proposal for a draft regulation on 13 September 2022 which mandates operators to prove that wood, coffee, cocoa, palm oil, cattle, soy, and its derivatives are ‘deforestation-free’ before they enter the EU market. Producing developing countries in Asia and beyond have strongly opposed the EU’s unilateral objectives due to its potential socio-economic consequences. The rather quick passing of the regulation and limited time for consideration of its impact on third countries may actually cause harm to already vulnerable communities.

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The Significance of EU-Indonesia Trade Relations in the Indo-Pacific

While the European Union (EU)’s trade relations with Indonesia have strengthened over the years, they have also seemingly come to a standstill. 11 rounds of negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) have so far taken place without significant progress due to sticking issues, including trade disputes in palm oil and nickel exports.

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