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The Indonesian government exempts export taxes on palm oil and its derivatives

According to business.com, August 30, 2022, the Indonesian government has officially extended the zero-tariff policy for exports of palm oil and its derivatives until October 31, 2022.
 
Airlangga Hartarto, Indonesia's Economy Coordinating Minister , said the extension of the export duty exemption measure was aimed at sustaining the recovery momentum of raw palm oil or raw palm oil prices and palm fruit bunches (FFB).


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