Malaysia, Indonesia protest new EU law affecting palm oil
MOSCOW, January 12 – RIA Novosti. Malaysia and Indonesia, the world’s largest palm oil producers, have decided to unite against a new EU deforestation law that affects the supply of this commodity, a Malaysian newspaper reported. star.
Earlier, the European Union said it plans to limit the supply of palm oil if the products are not certified for deforestation in the manufacturing process.
According to the publication, Malaysia and Indonesia considered the bill unreasonable and disrupting trade relations with the European Union.
He added that Malaysia is actively discussing with Indonesia the possibility of completely halting the supply of palm oil to the European Union.
“One of the options is to stop exports to Europe and focus on other countries if the EU continues to interfere with us,” the minister said. said.
Source: Ria
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