The Business Times

Malaysia to file WTO legal action against EU over palm oil

Published Wed, Jul 1, 2020 · 12:43 PM

[KUALA LUMPUR] Malaysia, the world's second largest palm oil producer, on Wednesday said it will take legal action with the World Trade Organisation against the European Union's "anti-palm oil campaign" via a dispute settlement mechanism.

EU policies under its Delegation Regulation restricts free trade practices, Malaysian Plantation Industries and Commodities Minister Mohd Khairuddin Aman Razali said in a statement.

Malaysia will also act as a third party in Indonesia' WTO case against the EU, he said.

Neighbours Indonesia and Malaysia together produce 85 per cent of the world's palm oil.

REUTERS

A NEWSLETTER FOR YOU
Friday, 8.30 am
Asean Business

Business insights centering on South-east Asia's fast-growing economies.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here