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The relationship between Indonesia and the European Union has not always been smooth. For examples, there are issues on oil palm and nickel ore export which create a tense relationship between the two sides. The EU, which aims to become the first climate-neutral continent by 2050, refuses to recognize palm-based biodiesel as a renewable fuel and plans to end its use by 2030. The EU considers palm oil plantations as the cause of widespread deforestation. Indonesia subsequently lodges a trade dispute with the World Trade Organization. Follow our interview with Frans Timmermans, the Executive Vice-President of the European Commission and Commissioner for European Green Deal.
For about seven years Singapore has been the biggest investor in Indonesia. In 2020, the value of its direct investment to Indonesia was around US$9.8 billion, a 35-percent increase from the year before albeit the Covid-19 pandemic. Even this year, Singapore is still the highest. The trade value between the two neighboring countries is also quite significant. The Covid-19 pandemic has not become a burden or obstacle to the cooperation of Singapore and Indonesia. An interview with the Ambassador of Singapore to Indonesia, Anil Kumar Nayar.