AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/08/2017

Policy CategoryTrade

Policy InstrumentBilateral cooperation

DescriptionMalaysia and Indonesia agreed to jointly explore the possibility of i) supplying China, India and other countries with palm oil for their nascent biodiesel industries, and ii) conducting joint campaigns in key import markets to publicize palm oil’s environmental credentials.

NotesUnder the framework of CPOPC, the Council of Palm Oil Producing Countries set up by Malaysia and Indonesia to foster collaboration on palm oil, the two founding countries have agreed to (i) jointly explore the possibility of supplying China, India and other countries with palm oil for their nascent biodiesel industries, and (ii) conduct joint campaigns in key import markets to publicize palm oil’s environmental credentials. Moreover, the CPOPC Secretariat was tasked to invite other palm oil producing countries to join the Council.