Trade War with US, China Agrees to Add Indonesian Palm Imports (republic Indonesia)

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Trade War with US, China Agrees to Add Palm Importation RI
Agustiyanti, CNN Indonesia
Sunday, 15/04/2018 14:58
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Trade War with US, China Agrees to Add Palm Importation RI
The Chinese government wants to increase the volume of palm oil imports from Indonesia, in order to strengthen imports from the United States. (CNN Indonesia / Agustiyanti)
Jakarta, CNN Indonesia - The Chinese Government Needed to increase the volume of imports of Indonesian palm oil products, after the country with the largest population in the United States (US).

Trade relations between the Chinese and US governments are indeed heating up with the imposition of import tariffs conducted to block each other.

"We say that we need palm oil, we add more.They seem to agree," said Coordinating Minister for the Ministry of Marine Affairs Luhut Binsar Pandjaitan in Beijing, as quoted by Antara, Sunday (15/4).

See also: Chinese Company Ready to Invest US $ 10 Billion in Indonesia

  • According to Luhut, Palm oil import disposals is a One Step prayer Indonesia takes advantage of the middle trade war between China and the US. They will help from Indonesia can be done directly by the Chinese PM during a visit to Indonesia on 6 May. The value of China's palm oil imports from Indonesia in recent years. At the end of the year, China's palm oil imports from Indonesia reached 3.73 million tons, up by 2016 by 3.23 million tons. "If China agrees imports will be a lot then it will help 16 million of our farmers," said Luhut.

See also: RI Bags US $ 502.27 Million from Product Exhibition in Africa

To the policymakers in China, TNI retired generals who stated that Indonesia's position remains neutral in addressing trade between China and the US.

"Talking about US trade with China as a country is big enough does not need to take sides for one, so we can work on our position beautifully," he said.

In a series of visits to China from 12-14 April 2018, Luhut met with Prime Minister Li Keqiang, Government Advisor and Foreign Minister Wang Yi, and several Ministry of Trade (Mofcom) officials, National Development and Reform Commission (NDRC), China Development Bank , as well as local entrepreneurs.
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