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Palm oil producers fear looming EU environment law will hurt millions

This is the first time top leaders from both the countries have weighed in on the issue

Reuters  |  Kuala Lumpur 

Millions of people running small-time oil palm plantations will suffer if the European Parliament goes ahead with “unfair” measures that could curb palm oil use, the world’s two largest palm oil producers said on Wednesday. In April, the European Parliament backed a call for greater vetting of palm and other vegetable oils used in biofuels to prevent the European Union’s renewable transport targets for post-2020 leading to deforestation. Malaysia’s Prime Minister Najib Razak and Indonesian President Joko Widodo said the resolution by the European Parliament ...

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First Published: Wed, November 22 2017. 15:46 IST