Conditional Victory for Indonesian Palm Oil
Switzerland approved free trade agreement with Indonesia. With the condition, however, that Indonesia produce palm oil in a sustainable and environmentally friendly way.
Iwan Kurniawan
March 22, 2021
THE result of Switzerland’s referendum on March 7 showed approval of Swiss people towards economic cooperation between their country and Indonesia, particularly in palm oil trade. The voters gave the green light for a free trade agreement between the two countries, with 51.6 percent approving, and 48.4 percent opposing.
President Guy Parmelin said the referendum results show that the Switzerland believes this trade agreement is proper and
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