Malaysia says European vote to ban palm oil biodiesel will set back trade relations

November 30, 2017 |

In Malaysia, the plantation and commodities minister criticized the European Parliament’s industry and energy committee’s support for a ban on palm oil-based biofuels as proposed by the environment committee as a step backwards for EU-Malaysian trade relations. The country sees the votes as a protectionist barrier because European oilseed-based biodiesel would still be allowed, though subject to the 3.8% cap on crop-based biofuels by 2030. They say palm oil exporters meet European sustainability criteria and as such should be allowed access to the market.

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