UK entry into CPTPP, eliminating palm oil import tariff a triumph

PETALING JAYA: Palm oil is highly efficient and productive than other oils per acre, which makes it cost-effective and environmentally beneficial, says former member of the European Parliament, John Longworth.

Sharing his comment in the UK-based Daily Express, the chairman of the Independent Business Network described the move by the UK government led by Prime Minister Rishi Sunak to eliminate import tariffs on palm oil from Malaysia and entering the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) as a “triumph”.