MPOB: Use FTAs to promote palm oil globally


Malaysian Palm Oil Board director general Dr Ahmad Parveez Ghulam Khadir.

KUALA LUMPUR: Malaysia should use the free trade agreements (FTAs) and the Regional Comprehensive Economic Partnership to promote palm oil at the global level, says the Malaysian Palm Oil Board (MPOB).

Director-general Datuk Dr Ahmad Parveez Ghulam Kadir said the expansion of the Asean trade relationship with China, India, South Korea and Japan would further strengthen the exports of the commodity.

He said it is also important, with Asean as the largest palm oil producer, to work together and meet global demand for the commodity.

“Starting from Jan 1, 2025, we have the MSPO 2.0, which is more stringent and fulfils all the international requirements,” he said during Bernama TV’s programme on “Malaysia’s Asean chairmanship in palm oil diplomacy” here yesterday. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Charting a new growth phase
Jewellery is out, gold bars are in
Divided over AI fears
Branching out beyond palm oil
Indonesia faces an investor exodus
Indonesia’s burning issue
Stocks favoured despite rising risks
Safe havens face fresh test
Rate normalisation in focus
Sitting pretty in China

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read