Nickel export policy fights EU

Jerry Sambuaga, the deputy trade minister who is the head of the Indonesian delegation on the nickel dispute with the EU, stressed that on the nickel issue, he and the delegation are determined to fully implement President Jokowi’s determination and oppose the EU’s demands.

He said the government had provided reliable lawyers as ordered by the president. In addition, he deployed teams of experts to craft strong arguments to support lawyers.

Jerry said the president’s decision was based on several things related to the country’s political and economic interests.

First, the fight against the EU at the WTO is aimed at demonstrating that Indonesia enacts and enforces its own sovereignty. Indonesia has the right to regulate its own resource export policy, which must be respected by other countries and in line with the principle of respecting sovereignty on the basis of state relations.

Nickel ore also has serious shortage problems, environmental problems, national economic problems and social problems. If you don’t pay attention, Indonesia, which has the world’s largest nickel reserves, may one day be dependent on other countries.

In the downstream part, we should continue to intensify efforts to fully increase the added value of nickel. It is hoped that Indonesia will no longer only export raw materials, especially nickel raw materials with low prices and low grades, and must export semi-finished or finished products. It is in line with the vision of President Jokowi and Vice President Marouf Amin for the transformation of Indonesia’s economy.

Earlier, the European Union lodged a complaint with the World Trade Organization (WTO) over Indonesia’s restrictions on exports of nickel and other raw materials. (Overseas Steel)

Share:

Facebook
Twitter
Pinterest
LinkedIn

Contact Us For Metal Prices

Table of Contents

On Key

Related Posts

Wear Resistant Steel, corrosion resistant steel, wear resistant steel plate supplier

Is 1045 Carbon Steel Good?

Carbon steel is a widely used material in various industries due to its exceptional properties. One popular variant of carbon steel is 1045, renowned for

steel pipes tubes steel pipes tubes JIS G3444 G3445 G3452 G3454 G8305 G3466, JIS/Japanese Standard

What is A36 Steel?

Steel is a common and important material in engineering and construction. Among many different types of steel, A36 steel has attracted much attention. This article

steel pipes tubes steel pipes tubes JIS G3444 G3445 G3452 G3454 G8305 G3466, JIS/Japanese Standard

What is Q235 Steel?

As a commonly used structural steel, Q235 steel is widely used in various industries. This article will discuss in detail what is Q235 steel, why

steel pipes tubes steel pipes tubes JIS G3444 G3445 G3452 G3454 G8305 G3466, JIS/Japanese Standard

What is Schedule 40 Pipe?

We will provide an in-depth analysis of what is Schedule 40 pipe, its uses, and features, and provide readers with considerations for choosing the appropriate

Welcome