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Indonesia, Malaysia Agree on Palm Oil Council Structure

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5 February 2016 07:30 WIB

TEMPO/Aditia Noviansyah

TEMPO.CO, Jakarta - The Coordinating Minister of Maritime Affairs and Natural Resources, Rizal Ramli, and Malaysia’s Minister of Plantation Industries and Commodities, HE Dato Sri Douglas, have agreed on the structure of Council of Palm Oil Producing Countries (CPOC).

The appointment of Benny Wachyudi, former Industry Ministry official, as Executive Director has also been agreed in the meeting.

Four executive directors – two from Malaysia and two from Indonesia – would also be appointed as Benny’s subordinates. Malaysia has yet to decide their directors, awaiting HE Dato Sri Douglas’s decision.

M Fadhil Hasan, Executive Director of Indonesian Palm Oil Association, has been appointed as the Director of Standardization for Standard Harmonization. “Green economic deputy will also be from Indonesia,” said Rizal Ramli in Jakarta, Thursday, February 2016.

The organization also has an executive director on stock management. According to Rizal, crude oil and palm oil are different. We can set crude oil exploration time. Whereas palm oil must be harvested continuously.

Director Executive of CPOC, Benny Wachyudi, said that he would soon appoint his subordinates. He expected the organization to start its operation in late February. “Our agenda in the near future would be to criticize palm oil tax,” he said.

Malaysia’s Minister of Plantation Industries and Commodities HE Dato Sri Douglas revealed that he is excited about the formation of the body. “It is a historic day; we have even signed the inscription stone, and we already have its office,” he said.

Indonesia and Malaysia are on the top two of the world’s largest palm oil producing countries. The agreement on CPOPC formation has actually been made since November 2015. CPOPC’s membership would be open to all oil producing countries. Some of the countries are Brazil, Colombia, Thailand, Ghana, Liberia, Nigeria, Papua New Guinea, the Philipines and Uganda.

MAWARDAH NUR HANIFIYANI


CPO


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