Joining BRICS, DEN Supports Government Efforts to Comply with EUDR

After officially joining the economic bloc Brazil, Russia, India, China, and South Africa (BRICS), Indonesia has broader options for accessing international export markets.

Executive Secretary of the National Economic Council (DEN) Septian Hario Seto stated that the government will examine how market access opportunities can be utilized. Market access for plantation products is one of the key commodities to explore.

"Indeed, after joining BRICS, the market can be more open for us. But to what extent can we gain access to that market?" said Hario. This is in relation to the looming implementation of the European Union's anti-deforestation regulations.

Although Indonesia has broader opportunities and is no longer solely dependent on the European Union Deforestation-Free Regulation (EUDR), Seto confirmed that the government still considers the European market important. He explained that the government remains focused on addressing and fulfilling the requirements set by the regulation despite becoming part of the BRICS economic bloc.

"I see no impact because EUDR is an EU regulation," he emphasized.