Archive · 25 Jul 2025
India and Indonesia Sign Palm Oil Pact for Food Security
India and Indonesia, who trade a lot of edible oil, made a new deal.
The Indian Vegetable Oil group and the Indonesian Palm Oil group will work together for three years.
This is to make sure India has enough food and to help with things like keeping the environment safe.
They will share ideas and try to use palm oil in a way that helps the planet.
Indonesia exports a lot of palm oil to India, and this agreement hopes to keep that trade going well.
They want to make sure everyone benefits, from the big companies to the small farmers.
Indian Vegetable Oil Producers' Association (IVPA) and Indonesian Palm Oil Association (IPOA) signed a three-year pact.
The agreement aims to strengthen collaboration in the palm oil sector and ensure food security.
India imports over 60% of its edible oil requirements, with Indonesia as its largest palm oil supplier.
The pact focuses on sustainable practices, stable supply chains, and market intelligence sharing.
Both associations will promote certified sustainable palm oil and include smallholder farmers in the value chain.
- Who
- Indian Vegetable Oil Producers' Association (IVPA) and Indonesian Palm Oil Association (IPOA)
- What
- A three-year pact to deepen economic ties and ensure food security in the palm oil sector.
- When
- Thursday
- Where
- New Delhi
- Why
- To strengthen collaboration, ensure food security, and promote sustainable practices in the palm oil supply chain.
Sustainability Concerns
Economic Benefits
Environmental Impact
Sustainability Concerns
Concerns exist about the sustainability of palm oil production, including deforestation and smallholder compliance.
Economic Benefits
The agreement emphasizes ISPO certification, forest conservation, and responsible production to address sustainability challenges.
- Parties Involved
- IVPA and IPOA
- Agreement Duration
- Three years
- Main Focus
- Palm Oil Sector
- India's Edible Oil Imports
- Over 60%
- Indonesia's Exports to India (2024)
- USD 20.3 Billion
- Palm Oil's Share of Global Vegetable Oil
- 39.5%
- Indonesia's Palm Oil Land Area
- 16.38 million hectares