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Bangkok Post
Bangkok Post
Business

Indonesia launches scheme to speed up palm oil exports

Oil Indonesia Trade ministry Jakarta
A man assists trucks carrying palm oil fruit on a damaged road at Mesuji Raya village in Ogan Komering Ilir, South Sumatra province, Indonesia, on Jan 11, 2017. (Reuters photo)

JAKARTA: Indonesia has launched an export acceleration scheme aimed at shipping at least 1 million tonnes of crude palm oil and derivatives following a recent export ban, according to a Trade Ministry regulation made public on Thursday.

The regulation is effective immediately and the acceleration scheme applies until July 31.

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