# If the EU is Serious About a Partnership with ASEAN, We Must Stop Erecting Trade Barriers — CSPO

> An opinion piece argues that the EU should drop trade barriers to deepen its partnership with ASEAN, noting the bloc's elevation to strategic partner in December 2020. It cites Indonesia's reliance on palm oil exports and criticises EU proposals targeting palm oil.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/47107-if-the-eu-is-serious-about-a-partnership-with-asean-we-must-stop-erecting-trade
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

EU trade restrictions on palm oil, including biofuel and deforestation measures, could reduce Indonesian and Malaysian export access and shift vegetable oil flows. The article is commentary, so the immediate price effect is minimal.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-10-25 | [Find broader trade partners and diversify export markets](https://feedsoft.ai/events/62792-find-broader-trade-partners-and-diversify-export-markets.md) | -0.4% | -8.6% |
| PALMOIL | 2019-01-16 | [Johor in talks with Cyprus on importing oil palm  \| The Star](https://feedsoft.ai/events/60980-johor-in-talks-with-cyprus-on-importing-oil-palm-the-star.md) | +2.3% | +5.9% |
| PALMOIL | 2018-02-22 | [Activists: Palm oil must not get wider access to EU under Indonesia trade talks](https://feedsoft.ai/events/66518-activists-palm-oil-must-not-get-wider-access-to-eu-under-indonesia-trade-talks.md) | +0.4% | -2.3% |
| PALMOIL | 2018-06-10 | [EU, Indonesia sliding towards a trade war - Asia Times](https://feedsoft.ai/events/64540-eu-indonesia-sliding-towards-a-trade-war-asia-times.md) | -1.1% | -5.6% |
| PALMOIL | 2017-11-29 | [The Trade Numerologist: Palm Oil, From EU To Asia](https://feedsoft.ai/events/67868-the-trade-numerologist-palm-oil-from-eu-to-asia.md) | -2.5% | -5.4% |

## Sources

- thecspo.org: https://thecspo.org/if-the-eu-is-serious-about-a-partnership-with-asean-we-must-stop-erecting-trade-barriers/

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