POST Online Media Lite Edition



 

Indonesia president defends nickel export curbs

Christian Fernsby |
President Joko Widodo warned that there would be no going back on his policy to curb exports of nickel ore and other minerals, and Indonesia would defend itself against a complaint lodged with the World Trade Organisation by the European Union.

Article continues below



Topics: INDONESIA    PRESIDENT   NICKEL    EXPORT   

In September, resource-rich Indonesia announced it would stop nickel ore exports from Jan.1, two years earlier than initially indicated, a decision set to disrupt global supply.

"When we're sued, we face it. The most important thing is we don't turn, we don't go back," Widodo said in a statement released by the Cabinet Secretariat.

Widodo repeated his longstanding stance that Southeast Asia's largest economy should be exporting less raw materials and more processed goods to create more added value and jobs at home.


What to read next

Biodiesel: Indonesia files dispute against EU
Indonesia thinking not to ban mineral ore exports
Indonesia to review rules banning metal ore exports from 2017