VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

On the sidelines of the ASEAN-India Summit, President Joko Widodo held a bilateral meeting with Indian Prime Minister, Narendra Modi in New Delhi, India on Thursday (25/1). In the meeting, President Joko Widodo conveyed the importance of efforts to improve economic cooperation. He assessed that the bilateral trade between the two countries has actually begun to grow since last year but still far from the real potential. President Joko Widodo hopes to enhance trade, including eliminating trade barriers. President Joko Widodo also pointed out that the increase in import duty rates is high enough to palm oil to India. The increase in the price of palm oil will affect Indonesia's exports. President Joko Widodo asserted that if Indonesia's palm oil exports are reduced, surely it will also affect the fulfillment of India's growing market needs. Thus, he strongly expects the Indian government to reconsider tariff policy on vegetable oil. (Release of the palace press bureau/Trans by Rhm)