Tue. Nov 26th, 2024

Indonesia’s proposal on the adoption of its crude palm oil and
rubber in the APEC Environmental Good List was rejected at the APEC
Senior Official Meeting(SOM) on 1-2 October in Bali island.

Indonesia will continue its efforts to include its crude palm oil
and rubber products in the GE list by earlier next year, Director
General of International Trade Department under the Indonesian Trade
Ministry Imam Pambagyo said after a meeting for senior officials of
APEC.

Several APEC member countries have not approved the
Indonesia’s proposal because they need to consult with their
ministries at home before making final decision, added the Indonesian
Director General.

In September 2012, leaders and
representatives from 21 APEC member countries approved a list of 54
environmentally friendly goods at their summit in Vladivostok, Russia. Products in the GE list will enjoy tax break up to 5
percent by 2015.-VNA

By vivian