Major South East Asian palm oil producer countries are gearing up to retaliate against the European Union’s controversial deforestation regulation, with the situation rapidly devolving to the point that a trade war could be on the horizon.
Ahead of this week’s trilogue negotiations on the EU’s Deforestation Regulation, the Indonesian Palm Oil Association (IPOA/GAPKI) has complained the legislation “will increase poverty, decrease sustainable development, and undermine decades of progress...
Premium Nutrients, a Malaysian producer of oils and fats, is
looking to step up its investment in the EU over the next three to
four years, with a resulting 10 per cent increase in turnover to
around RM56 million in 2005.