It’s Time to Form OPEC for Nickel and Palm Oil

President Joko Widodo (Jokowi) believes that this is the right time to form a cooperative alliance such as the Organization of the Petroleum Exporting Countries (OPEC). Jokowi conveyed this to build economic equality. He hopes that this alliance can be built to manage nickel and palm oil commodities.

According to cnnindonesia.com, Jokowi said monopoly policies in the world must be stopped. According to him, there are still discriminatory policies. Especially, discrimination toward developing countries and their commodities. It must be stopped.

“More than 270 million Indonesians are the anchors of peace, democracy and the economy in the Southeast Asia and Asia Pacific region. We must prosper our people,” he said at the G7 Partner Work session in Japan (20/05/2023).

In addition, Jokowi believes that the pandemic has taught the world about the importance of involving more countries in global supply chains. He hopes this will encourage G7 countries to join as partners in the downstream program.

G7 Summit 2023

G7 Summit 2023 was held in Hiroshima, Japan with the direct invitation of Prime Minister Fumio Kishida. This event will be held from 19 to 21 May 2023.

During the event, Jokowi held a number of bilateral meetings with state leaders, including with Japan and the United Kingdom. The meeting discussed various matters, ranging from economic, tourism, investment, and other world issues.