Malaysia-EU FTA Negotiations To Discuss EU Resolution On Palm Oil

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KUALA LUMPUR – The free trade agreement (FTA) negotiations between Malaysia and the European Union (EU) will include a discussion on the recent resolution by the EU parliament to phase out the use of certain vegetable oils, including palm oil, by 2020.

Deputy Minister of International Trade and Industry Datuk Chua Tee Yong said although the resolution is non-binding on EU member states, the government viewed the recent development very seriously, as it involved a major export commodity and the livelihood of about 500,000 smallholders.

“With the resumption of the FTA negotiations, we will definitely put it up for discussion,” he told reporters after officiating the EU-Malaysia Trade and Investment Forum 2017 here today. – Bernama