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Malaysia and Indonesia threaten boycott of EU products, say millions of farmers risk losing livelihoods due to palm oil ban

Malaysia and Indonesia, who account for a combined 85 per cent of the global palm oil supply, have warned that millions of farmers risk losing their livelihoods if the European Union stops using the commodity in its biofuels.The EU’s proposed move comes following a push by the European Parliament to phase out the use of palm oil starting in 2023, ramping up to a ban in 2030, on concerns palm oil production causes deforestation and aggravates climate change.Both countries have threatened to take…... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Malaysia and Indonesia threaten boycott of EU products, say millions of farmers risk losing livelihoods due to palm oil ban, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Malaysia and Indonesia threaten boycott of EU products, say millions of farmers risk losing livelihoods due to palm oil ban

 

 

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Published By: SOUTH CHINA MORNING POST - Thursday, 21 March

 

 

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