Indonesia, Malaysia express concern over non-tariff barriers on oil palm products

0

KUALA LUMPUR: Indonesian and Malaysian ministers expressed concern over the evolving non-tariff barriers on palm products in major importing countries during their bilateral talks held in Jakarta today.

Indonesian Coordinating Minister for Maritime Affairs Luhut Pandjaitan and Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said these barriers included labelling of food products with ‘No-Palm Oil’ and a proposal to impose high import tax on palm products.

In a statement issued following the meeting, the Ministry of Plantation Industries and Commodities said both ministers agreed that the Council of Palm Oil Producing Countries (CPOPC) would spearhead measures to address the issues, including organising a CPOPC ministerial delegation to Europe.

The ministry stressed that both countries are major global palm oil producers and jointly account for 85 per cent of global production and 91.2 per cent of global exports.

It said the setting up of CPOPC is expected to further strengthen cooperation among oil palm producing countries and address evolving issues related to palm oil.

Meanwhile, the bilateral meeting also took stock on the progress made towards operationalising the Secretariat of CPOPC following the signing of the Charter on its establishment. — Bernama