More actions needed to stop EU’s palm oil ban


Yusof: There have been clear statements by the governments of major palm oil-producing countries to oppose the ban.

KUALA LUMPUR: More engagements, consultations and follow-up actions are needed to remove the European Union’s (EU) threat to ban palm oil use in biofuels, said industry veteran Tan Sri Dr Yusof Basiron.

The former Malaysian Palm Oil Council (MPOC) chief executive officer told Bernama that Malaysia’s stance was still not being heeded by the EU Parliament, despite various talks and engagements being undertaken and conducted at the government-to-government level.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Palm oil , EU , ban , Basiron , engagement , plantations , commodities ,

Next In Business News

Operating costs keep budget under pressure
Govt revenue expected to rise 4.7% to RM380.8bil
AI borrowers face costly reality
Two-car race gets hotter
Private equity’s tougher path to riches
Higher bond yields for longer?
Building domestic capabilities through investments
A lifeline for TXCD, a risk for Vestland
French woes fuel contagion
Growth, fiscal consolidation remain key priorities

Others Also Read