AreaBilateral/Multilateral

Commodity GroupOilseeds, oils and meals

CommodityCoconut products, palm oil

Date01/10/2019

Policy CategoryTrade

Policy InstrumentComprehensive trade agreements

DescriptionASEAN members signed a memorandum of understanding aimed at strengthening the collective bargaining position of member nations and expanding exports to international markets. Specific trade promotion activities were agreed on for coconut products and palm oil.

NotesTrade agreements – ASEAN (coconut/palm oil products): In October 2019, ASEAN members signed a MoU aimed at strengthening the collective bargaining position of member nations and expanding exports to international markets. Under the agreement, specific trade promotion activities are envisaged for coconut products and palm oil.