KUALA LUMPUR: Malaysia, the world’s second-largest palm oil producer, on Wednesday said it will take legal action with the World Trade Organisation against the European Union’s “anti-palm oil campaign” via a dispute settlement mechanism.
EU policies under its Delegation Regulation restricts free trade practices, Malaysian Plantation Industries and Commodities Minister Mohd Khairuddin Aman Razali said in a statement.
Malaysia will also act as a third party in Indonesia’ WTO case against the EU, he said.
Neighbours Indonesia and Malaysia together produce 85% of the world’s palm oil. – July 1, 2020, Reuters
