Indonesia and Malaysia both counter EU against palm oil production

By in

Both Indonesia and Malaysia view the export restraint against palm oil into the European Union (EU) extremely seriously and are ready to take joint action. This in order to counteract the discrimination that may jeopardise more than 18 million smallholders in both countries according to sources.

Malaysia’s Prime Minister Najib Tun Razak and Indonesia’s President Joko Widodo raised the issue during the ASEAN-EU Summit at which the EU President Donald Tusk also attended.

Malaysia and Indonesia were asked if they would take further action if the EU remained adamant on the issue to which Najib replied that he would raise the issue with Jokowi during the annual consultation on Wednesday 22nd November which is to be held in Kuching.

Both countries collectively contribute more than RM 57 billion of the world’s palm oil production. The resolution was launched in April that stated that only environmentally sustainable palm oil may be imported into the European Union after 2020.