Kok accuses EU of ‘trade war’ over palm oil | The Malaysian Insight

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Kok accuses EU of ‘trade war’ over palm oil

The use of palm oil in food and cosmetics has dropped in Europe, partly due to pressure from green groups on major corporations, but has been increasing in biofuels. – The Malaysian Insight file pic, May 7, 2019.

MALAYSIA yesterday accused the European Union of launching a “trade war” over a plan to curb the use of palm oil in biofuels, and threatened retaliatory action at the World Trade Organisation . The Southeast Asian country is the world’s second-biggest palm oil producer after Indonesia, and is set to be hit hard by the EU’s plan to phase out its use in biofuels by 2030.

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