Indonesia president calls for collaboration with Malaysia to fight 'discrimination' against palm oil


KUALA LUMPUR: Indonesia president Joko Widodo on Thursday called for better collaboration with neighbouring Malaysia to fight what he called "discrimination" against their countries' palm oil products.

Indonesian and Malaysia are the world's top two producers and exporters of palm oil, a commodity used in everything from lipstick to pizza.

"We need to strengthen this collaboration. We don't want commodities produced by Malaysia and Indonesia to be discriminated against in other countries," Jokowi, as the Indonesian president is known, said in a press conference in Kuala Lumpur after meeting with Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

His comments come after the European Union passed a law this year banning imports of commodities linked to deforestation, a move that is expected to hurt exports of palm oil to the bloc.

Malaysia has called the law "unjust" and has said it is working with Indonesia to consider an appropriate response to the law. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Gaming stocks on track for recovery in 2025
iCents Group Holdings eyes listing on ACE Market
Infrastructure growth to support telecoms players
India regulators puncture a 10,000% stock rally
Amicorp denies 1MDB’s asset recovery claim
MMAG buys aircraft for RM21mil
Infrastructure and DC projects set to boost construction
Dividend galore for PNB’s unit trust holders
Beijing agrees to issue US$411bil treasury bond
Pan Merchant eyes ACE Market listing

Others Also Read