President guaranty Oil Industry

padang Susilo Bambang Yudhoyono said the government would ensure the palm oil industry for two years although there are restrictions permission to open new land from forest and peat forest.
Our policy for the palm oil industry equipment and will not change.
- President SBY

The announcement was made president, as co-chairman, said the press, when asked in press conferences with Norwegian Prime Minister Jens Stoltenberg as lead the opening session of the Conference on Climate Change and Forests (Oslo Climate and Forest Conference / OCFC) in Hamelkollen Park Hotel Rica, Oslo, Norway, Thursday (27/05/2010) afternoon or evening local time, West Indonesia time.

"Our policy for the palm oil industry equipment and will not change," said the President.

According to the President, during these two years, the Indonesian government will not expand the new forest land and peat forests, including land use displaced over the years. "We have a policy for use of land abandoned and not expand into forests and peat lands," the president said.

The president also added that Indonesia under
agreement who has signed with Jens Stoltenberg in a Letter of Intent (LoI) concerning cooperation of Indonesia and Norway to reduce greenhouse gas emissions from deforestation and forest degradation, also has an agreement that will be implemented.

On the same occasion, Jens expressed support for programs to reduce emissions from deforestation and forest degradation (reduction of emmisions from deforestation and Degradation / REDD +) will increase to four billion dollars, which originated from Germany as much as 350 million euros and other countries such as Japan, United States, and Great Britain.


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