# The European Commission, Indonesia, and Malaysia agree to a Joint Task Force to implement the EU Deforestation Regulation - Environment

> The European Commission, Indonesia and Malaysia agreed to set up a consultative process and joint task force on implementing the EU Deforestation Regulation. The agreement followed a late-May mission to Brussels by Malaysian and Indonesian ministers, who had voiced concerns about the law's effect on palm oil and smallholders.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/35521-the-european-commission-indonesia-and-malaysia-agree-to-a-joint-task-force-to
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The dialogue may ease some trade friction over palm oil, which limits the immediate bearish impact of the EU rules. Practical implementation details still remain open and will drive future palm oil demand from the EU.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-10-22 | [European Commission Maintains 30 December 2025 Application Date for EU Deforestation Regulation \| Environment, Land & Resources](https://feedsoft.ai/events/22427-european-commission-maintains-30-december-2025-application-date-for-eu.md) | -1.0% | -6.2% |
| PALMOIL | 2025-12-18 | [2025-23: Further delay to the implementation of the European Union Deforestation Regulation - DAFF](https://feedsoft.ai/events/21523-2025-23-further-delay-to-the-implementation-of-the-european-union-deforestation.md) | +0.6% | +1.6% |
| PALMOIL | 2026-08-20 | [Commission Adopts Measures to Shape Implementation of EU Deforestation Regulation Ahead of December 2026 Application \| Inside Energy & Environment](https://feedsoft.ai/events/17926-commission-adopts-measures-to-shape-implementation-of-eu-deforestation.md) | +0.4% | +3.0% |
| PALMOIL | 2022-11-16 | [BERNAMA - Malaysia welcomes EU’s Deforestation Regulation, urges extension for implementation](https://feedsoft.ai/events/38695-bernama-malaysia-welcomes-eu-s-deforestation-regulation-urges-extension-for.md) | -0.8% | +0.3% |
| PALMOIL | 2025-07-15 | [EU Deforestation Regulation – Key Steps To Take With Six Months To Implementation - Corporate and Company Law - European Union](https://feedsoft.ai/events/23778-eu-deforestation-regulation-key-steps-to-take-with-six-months-to-implementation.md) | -0.0% | +4.3% |

## Sources

- environment.ec.europa.eu: https://environment.ec.europa.eu/news/european-commission-indonesia-and-malaysia-agree-joint-task-force-implement-eu-deforestation-2023-06-29_en

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.