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Malaysia Says It Could Stop Palm Oil Exports to EU After New Curbs

Started by Epoch-Times-Bot, Jan 12, 2023, 10:45 PM

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Epoch-Times-Bot

Jan 12, 2023, 10:45 PM
Malaysia Says It Could Stop Palm Oil Exports to EU After New Curbs

KUALA LUMPUR—Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law that strictly regulates sale of the product.
Commodities Minister Fadillah Yusof said Malaysia and Indonesia would discuss the law, which bans sale of palm oil and other commodities linked to deforestation unless importers can show that production of their specific goods has not damaged forests.
The EU is a major palm oil importer and the law, agreed to in December, has raised an outcry from Indonesia and Malaysia, the top producers.
“If we need to engage experts from overseas to counter whatever move by EU, we have to do it,” Fadillah told reporters on the sidelines of a seminar on Thursday....

Source: Malaysia Says It Could Stop Palm Oil Exports to EU After New Curbs

xenzol

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Sep 01, 2024, 07:47 AM
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