Malaysia to file WTO legal action against EU over palm oil
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
