Malaysia decides not to file lawsuit against EU palm oil restrictions

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Prime Industries Minister Teresa Kok says it will seek to convince the community to change its stance instead. FMTNews EU Palmoil

Malaysia says it does not want to file a lawsuit against the EU over its restrictions on palm oil-based biofuel hastily.

The European Commission concluded last year that palm oil cultivation results in excessive deforestation and should not count towards renewable energy targets. “We did have this intention, but we thought that before we come to Europe, we shouldn’t file the suit hastily,” she told Reuters in Brussels yesterday. “This is what we told Indonesia too.”

EU consumption of palm oil in food has been in steady decline, but its use as a biofuel has increased. Last year, the bloc consumed more than 7 million tonnes, with some 65% for energy, Reuters said.

 

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Must remember the Jew business community is very strong in Europe and USA. Mahathir had bad-mouthed the Jewish people in the past and the Jewish business community will retaliate.

Thoughtless decision by Verbose human!

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