from schizoidman@lemmy.zip to world@lemmy.world on 26 Feb 02:30
https://lemmy.zip/post/59786706
Indonesia has urged the European Union (EU) to immediately comply with the World Trade Organisation (WTO) Panel ruling last year in the palm oil dispute, in order to restore market access for Indonesian palm oil products.
Trade Minister Budi Santoso said Tuesday (Feb 24) marked the end of the 12-month implementation, or reasonable period of time (RPT), granted to the EU to adjust its policies and regulations into conformity with WTO provisions following the Panel’s ruling.
Budi explained that the WTO ruling on Jan 10, 2025, found that the EU policy had discriminated against Indonesia’s palm oil-based biofuel products compared with biofuel products produced in the EU and other countries, providing legal clarity that the EU policy violated the WTO’s principle of non-discrimination.
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