Malaysia on Thursday said it could stop exports to the European Union in response to a new law the EU says is aimed at protecting forests by restricting palm oil imports.
The EU has in recent years imposed several rules to regulate palm imports after concluding its cultivation results in excessive deforestation, raising an outcry from top producers Indonesia and Malaysia. Here is a timeline of the rising tensions between the Asian palm oil producers and the EU over the matter.Malaysia raises its concern after EU lawmakers call for greater vetting of palm and other vegetable oils used in biofuels to prevent the bloc's post-2020 renewable transport targets from contributing to deforestation.EU negotiators agree to phase out the use of palm oil in transport fuels from 2030.
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Navalny's wife and allies sound growing alarm over his health in jailThe wife of jailed Russian opposition leader Alexei Navalny appealed to prison staff to provide him with basic medicines on Wednesday as his supporters warned with increasing urgency that his life was in danger. Navalny's allies said the 46-year-old was placed in a cramped punishment cell for 15 days on De
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Exclusive-UK watchdog blocks LME plan to restart Asian hours nickel trade-sourcesLONDON : Britain's financial watchdog is blocking the restart of London Metal Exchange nickel trade in Asian hours due to doubts about the LME's ability to run an orderly market in that time zone, three sources with knowledge of the matter said.The world's largest metals trading exchange was forced to sus
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Wife, allies of Kremlin critic Navalny sound growing alarm over health in jailAllies say he was placed in a cramped punishment cell on Dec 31, for the 10th time in five months. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Meet the local farmers growing vegetables in underused spaces to feed S’pore sustainablyThey plant produce on rooftops and in community gardens to boost food security and build community spirit. Read more at straitstimes.com. khalidkarim we should have the same here
Source: straits_times - 🏆 5. / 69 Read more »
Resident annoyed by 'forest' growing out of Senja Road block, keeps having to sweep fallen leavesIs a mini jungle sprouting out of Block 607 Senja Road in Bukit Panjang? Read more at stomp.straitstimes.com
Source: stompsingapore - 🏆 11. / 53 Read more »
Asian FX bulls jump to multi-year highs, spurred by China reopening- Reuters pollBullish bets on the Thai baht and Chinese yuan hit five-year highs as China's sharp pivot from its strict COVID-19 curbs boosted investors' appetite for strengthening long positions in regional currencies, a Reuters poll showed on Thursday.Long positions firmed on nearly all Asian emerging currencies, man
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »