Explainer Why Malaysia Is Considering A Ban On Palm Oil Exports To Eu





Malaysia, the world's second-largest palm oil producer, yesterday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation.
What is the disagreement about?
Malaysia and Indonesia have for years been at loggerheads with the European Union over curbs on imports of palm oil, which the two countries say are trade barriers and protectionist measures for the bloc's domestic oilseed industries.
The EU deforestation regulation is in addition to an EU renewable-energy directive, announced in 2018, that requires the phasing out of palm-based transportation fuels by 2030.
The bloc has also set a separate safety limit on food contaminant 3-MCPD esters for palm oil compared to soft oils derived from crops such as soybean, canola and sunflower.
What has Malaysia done about EU restrictions?
Indonesia and Malaysia, which account for 85 percent of the world's palm oil exports, have filed separate World Trade Organization suits against the EU over the renewable-energy directive.
The palm oil producers say they have taken steps to meet EU requirements, including stepping up their national sustainable palm oil certification standards and improving environmental protection and food safety standards, but the bloc keeps imposing new restrictions.
EU officials say their regulations do not target any one country and are aimed at ensuring that commodity production does not further drive deforestation and forest degradation.
How is the market reacting?
Bursa Malaysia's benchmark crude palm oil futures have yet to react to Malaysia's proposal, although some traders said they see it as a bearish signal.
Some in the palm industry view the proposed ban as a knee-jerk reaction that will hurt the sector, and others laud Malaysia for putting its foot down.
Malaysia said it will discuss with Indonesia the possible ban and other strategies to tackle the EU measures, as both have agreed to increase cooperation to fight “discrimination” against the commodity.
How will Malaysia halt exports to EU?
It is not clear whether Malaysia is considering a direct ban on exports to the EU or enacting tariffs.
What about Malaysian palm oil exports to Europe?
The EU accounts for 9.4 percent of Malaysia's export volume in 2022. Malaysian Palm Oil Board data indicates that exports to the 27-member bloc have been declining since 2015.
In 2022, Malaysia’s exports to the EU fell 10 percent from the previous year to 1.47 million tonnes. That is a 40 percent plunge from 2.43 million tonnes in 2015.
The Malaysian Biodiesel Association last year urged industry officials to come to terms with a steady decline in shipments of palm-based biofuels to the EU.
Where else can Malaysia palm oil exports go?
The palm oil industry makes up about five percent of Malaysia's economy. Malaysia has in recent years actively explored new markets to offset losses from Europe, including food-importing countries in the Middle East, Central Asia and North Africa.
Several publicly-listed Malaysian palm oil companies, however, have established refineries in Europe and an export ban would disrupt their operations.
- Reuters


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2023/01/explainer-why-malaysia-is-considering.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Indonesia Malaysia Agree To Fight Discrimination Against Palm Oil

Indonesia Malaysia Agree To Fight Discrimination Against Palm Oil

papar berkaitan - pada 9/1/2023 - jumlah : 145 hits
Prime Minister Anwar Ibrahim and Indonesian President Joko Widodo at their meeting at the presidential palace in Bogor today BOGOR Indonesia and Malaysia the world s biggest producers of palm oil agreed on Monday to work together to fight d...
Why Would Talent Return To Malaysia

Why Would Talent Return To Malaysia

papar berkaitan - pada 12/1/2023 - jumlah : 146 hits
These fighters were nowhere to be seen when the Islamo fascists took over the country They did nothing to stop the Arabisation programme which stifled democracy where even the most basic personal freedoms are taken away Former law minister ...
Fighting Anti Palm Oil Lobby With Indonesia Will Put Pressure On Eu

Fighting Anti Palm Oil Lobby With Indonesia Will Put Pressure On Eu

papar berkaitan - pada 14/1/2023 - jumlah : 268 hits
The strategic cooperation with Indonesia to fight the anti palm oil lobby will be able to put pressure on the European Union said Malaysian Palm Oil Board director general Ahmad Parveez Ghulam Kadir He said the move may be one option that t...
7 Places Recommendation Best Budget Friendly Weekend Getaways In Malaysia

7 Places Recommendation Best Budget Friendly Weekend Getaways In Malaysia

papar berkaitan - pada 6/1/2023 - jumlah : 213 hits
7 Places Recommendation Best Budget Friendly Weekend Getaways in Malaysia Sometimes we need a break from the hustle and bustle of life It is to refresh our minds and recharge energy Not for too long but a short escape such as a weekend geta...
Tanda Tanya Pelancong China Ke Malaysia Terjawab

Tanda Tanya Pelancong China Ke Malaysia Terjawab

papar berkaitan - pada 6/1/2023 - jumlah : 155 hits
NILAM NUR ATIKAH OSHMANSHAH ALAM Tanda tanya adakah Malaysia akan menghalang kemasukan pelancong China susulan gelombang baharu akhirnya terjawab selepas Perdana Menteri Datuk Seri Anwar Ibrahim mengumumkan perkara itu dalam sidang akhbar s...
7 Things To Do In Kota Kinabalu Malaysia

7 Things To Do In Kota Kinabalu Malaysia

papar berkaitan - pada 6/1/2023 - jumlah : 312 hits
7 Things To Do in Kota Kinabalu Malaysia As Malaysians we have various choices of holiday destinations One of the most recommended places to visit in Kota Kinabalu The charming city is designated as the capital of Sabah East Malaysia which ...
Malaysia Korea Selatan Bincang Kerjasama Perkukuh Hubungan Bilateral

Malaysia Korea Selatan Bincang Kerjasama Perkukuh Hubungan Bilateral

papar berkaitan - pada 6/1/2023 - jumlah : 193 hits
DIPLOMAT tertinggi Malaysia dan Korea Selatan menyatakan akan bekerjasama untuk mengukuhkan lagi nbsp hubungan rapat antara kedua dua negara Kementerian Luar Negeri memaklumkan Menteri Luar Zambry Abd Kadir dan rakan sejawatannya dari Korea...
Rakyat Malaysia Hanya Akan Jadi Hamba Abdi Jika Terima Cptpp Toqqi Samudera My 30 12 2022

Rakyat Malaysia Hanya Akan Jadi Hamba Abdi Jika Terima Cptpp Toqqi Samudera My 30 12 2022

papar berkaitan - pada 7/1/2023 - jumlah : 148 hits
KUALA LUMPUR 30 Disember 2022 Percaya atau tidak kita akan terarah kepada menjadi hamba abdi dan perkara ini bukan cerita main main dan bukan hendak menakut nakutkan rakyat sebaliknya kita ada pakar dan bukti kajian terperinci untuk didedah...
Kumpulan Khutbah Jumat 2025

Resepi Bbq Kambing

Wisma Putra Confirms 8 Students Hurt In Egypt Road Crash

Games Outlets Damansara Aliff

Sarapan Pagi Di Warong Onie Corner Ayer Keroh Melaka

The Tyranny Of Excuses Why We Must Question Power

Happy 10th Birthday Ilham Syamil 27 Jan 2025

Is Our Tap Water So Bad That We Need Third Party Filtration Systems


echo '';
Senarai Lagu Tugasan Konsert Minggu 11 Gegar Vaganza 2024 2025 Musim 11 Separuh Akhir

Keputusan Markah Peserta Konsert Minggu 10 Gegar Vaganza 2024 2025 Musim 11 Suku Akhir

10 Drama Melayu Terbaru TV3 2024 2025 Best Mesti Tonton Juga Tersedia Online

4 Tanda Ketagihan Yang Jelas Pada Wajah Seorang Penagih Syabu Ice

Biodata Putra Abdullah Atlet Muay Thai Boxing Malaysia Seangkatan Johan Ghazali Jojo Team Jordan Boy


Lewat Malam Di Bahagian Kecemasan Hospital

Why Content Marketing Is A Priority

Keanggotaan Dalam Who Dasar Yang Tidak Bijak Ppim Malaysia Gazette Tv 24 01 2025

Aftershine Feat Dinda Teratu Matursuwun Gusti Chord

Resipi Kari Daging Perap Lagi Lama Perap Lagi Sedap

Bapa Borek Anak Rintik Maksud Contoh Peribahasa