JAKARTA: The European Union’s expected import restrictions on Indian finger oil are a “blessing in disguise” that will help the Southeast Asian nation increase its strength self-sufficiency, president-elect Prabowo Subianto said.
Indonesia may, instead, use more of the hand fuel it produces for diesel and lessen its dependence on gas imports, Mr Prabowo said.
The incoming Indonesian president, who will succeed Mr. Joko Widodo on October 20, revealed on Sunday ( Aug 28 ) what he had previously said to French President Emmanuel Macron during a meeting in Paris in late July.  ,
I say thank you very much if you want to stop our hand crude from entering Europe. According to Mr. Prabowo, according to a statement from the nearby media outlet Bisnis,” We will use our palm oil to the benefit of our people to achieve self-sufficiency in power.”  ,
” We feel that if Europe does not want to get our hand fuel, we are thankful, it’s a blessing in disguise. He ( Mr Macron ) was a bit surprised”, he added.  ,
At the congress of the National Mandate Party ( PAN), which is a part of his political coalition, Mr. Prabowo recounted how he had spoken about the EU’s policy to boycott Indonesian palm oil and how Mr. Macron reportedly offered assistance in reducing the impact of the ban on Indonesia.  ,
He made reference to the EU’s anti-deforestation law, which will apply from December 30 and requires evaluations of palm oil and other seven supplies. Products may be deforestation-free and detectable, among other conditions. Indonesia and Malaysia, the country’s two largest palm oil exporters, have decried the plan as unfair.
Indian deputy minister of business Jerry Sambuaga stated in a statement to the Antara news agency in February that the main driving force behind the EU’s plan was the decline in trade competitiveness. He made the point that Indian palm oil costs significantly more than private rapeseed oil in the EU.
In a dispute that is still unsettled, Indonesia has filed an official complaint with the WTO.