Bloomberg News

Malaysia, Indonesia to Discuss Palm Oil Export Tax, Dompok Says

October 21, 2011

Oct. 21 (Bloomberg) -- Indonesia and Malaysia will meet in the first few days of November to discuss the palm oil industry including export taxes, Plantation Industries and Commodities Minister Bernard Dompok said in a text message to Bloomberg today.

This comes after Indonesia cut its exports duties for the edible oil. “This coming meeting will determine the form of cooperation between the two countries in order to address the concerns of the various stakeholders in the oil palm industry,” Dompok said. “The details have to be worked out.”

To contact the editor responsible for this story: Ranjeetha Pakiam at rpakiam@bloomberg.net


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