Palm oil dispute won't have bearing on Indonesia, Malaysia EU trade talks, minister says

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Palm oil dispute won't have bearing on Indonesia, Malaysia EU trade talks, minister says
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A dispute between the European Union and major palm oil producers Indonesia and Malaysia over a new deforestation law will have no bearing on the two countries' stalled negotiations with the bloc on free trade agreements, a Malaysian minister said on Thursday.Responding to a Financial Times report which s

A dispute between the European Union and major palm oil producers Indonesia and Malaysia over a new deforestation law will have no bearing on the two countries' stalled negotiations with the bloc on free trade agreements, a Malaysian minister said on Thursday.

Top officials from Indonesia and Malaysia, the world's biggest producers of palm oil, have been in Brussels voicing concern over an EU Deforestation Regulation , which they believe could be detrimental to small farming businesses. Indonesia's economic ministry and trade ministry did not immediately respond to requests for comment.

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