‘Victory for common sense’: Malaysian Palm Oil Council lauds EU deforestation law delay

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BANGKOK, Oct 3 — Producers from Malaysia’s palm oil industry to Vietnam’s coffee sector on Thursday welcomed a European...

Malaysia’s Palm Oil Council welcomed the proposed delay as a “victory for common sense”.

The country lost nearly 300,000 hectares of primary forest in 2023, an uptick from the previous year, though still down from the 2016 peak, according to Global Forest Watch.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaBrazilIndonesiaUnited StatesVietnam

Topics: MPOC EU Deforestation-Free Products Regulation Palm oil

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 21:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22874993

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Official Website: malaymail.com

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