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            A comparison of the GFM EUFO map with the SIMONTANA   In related news, the Chairman of the Indonesian Furniture
          (National Forest Monitoring System) reveals differences.  and Handicraft Industry Association (Himki), Abdul Sobur,
            To strengthen Indonesia’s position in facing the challenges   said  that  exporters  are  welcoming  the  strengthening  of  the
          from EUDR the Ministry of Environment and Forestry has   US dollar.

          requested all holders of Forest Management Units (PBPH) to   Indonesia uses 80-90 percent domestic raw materials,
          overlay the EU’s GFM map with their PBPH maps and PBPH   thus avoiding high priced imports.
          Operational maps and check for variations. The results of   Sobur said he is optimistic that export earnings from the
          this analysis and ground check will be used for negotiations   furniture, furnishings and crafts industries can grow by at least
          with the EU.                                       10 percent compared to the 2023 performance.
                                                                According to Sobur, the industry is determined to explore
          Countries seek changes to EUDR                     non-traditional markets outside of the European market such
          The regulatory initiative developed by the European Union   as South Korea, China, Japan and ASEAN countries while at
          the  EU  Deforestation-Free  Regulation  (EUDR)  represents  a   the same time building capacity in order to meet the EUDR

          significant challenge for exporters to the EU.     requirements for exporting to Europe.
            While the modalities for implementation are not yet released
          Indonesia, along with Malaysia and the EU, agreed to establish   Indonesia’s forest-based economy explained
          an Ad Hoc Joint Task Force on the EUDR to address various   Indonesia presented its forest management accomplishments at
          issues related to the implementation of the EUDR.   the 19th United Nations Forum on Forest (UNFF) and emphasised
            This task force will identify the best solutions and resolutions   its commitment to developing a forest-based economy.
          regarding the implementation of the EUDR.             Alue Dohong, Deputy Minister of Environment and Forestry

            A bipartisan group representing the Republican and   reported that Indonesia has successfully surpassed its
          Democratic parties in the US has also highlighted challenges   national target of reducing deforestation rates to below 0.45
          and there has been consideration of requesting a delay in   million hectares. Additionally, Indonesia has also committed
          implementation or changes to the regulation.       to achieving the target of social forestry allocation, which is
                                                             set at 12.7 million hectares.
          Indonesia seeks 1% of global furniture market         Deputy Minister Alue also mentioned Indonesia's efforts
          Indonesian furniture exporters aim to capture one percent
          percent of the global furniture market following a significant
          decline in exports last year.                                                                       Mildly Useful

            In 2023, Indonesia's furniture exports totalled US$2.1
          billion, marking a 23 percent decline from the previous year.
            Global  furniture  sales  are estimated  to  have  reached
          US$730 billion last year, with a projected increase to US$766
          billion this year according to the Indonesian Furniture and
          Handicraft Industry Association (Asmindo).
            The US remains the largest export destination for Indonesia's

          furniture, accounting for 55 percent of exports with almost
          70 percent being of wooden furniture.
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