ASIATODAY.ID, KUALA LUMPUR – Malaysia won a lawsuit at the World Trade Organization (WTO) against the European Union’s (EU) discriminatory actions against biofuel products from palm oil.
Malaysian Minister of Plantations and Commodities Johari Abdul Ghani in a media statement issued by Putrajaya, Wednesday, said the EU agreed to comply with WTO provisions before determining a ban on receiving biofuel from palm oil from Malaysia.
The Malaysian government, he said, would closely monitor EU changes to its regulations to bring them in line with WTO findings, and pursue compliance processes where necessary.
He said the Malaysian government remains fully committed to defending the interests of palm oil biofuel industry players against trade barriers and discrimination.
On Tuesday, March 5 2024, the WTO Panel issued its Final Report and concluded that EU rules limiting biofuels from palm oil are discriminatory.
The decision from the WTO shows that Malaysia’s claims regarding discrimination are true.
“This proves the country’s efforts to uphold justice for traders, companies and employees of biodiesel producers from palm oil,” he said.
According to him, the WTO Final Report clearly found errors in EU regulations in using indirect land use change (ILUC) to ban biofuels from palm oil.
The report also found fault with the EU’s approach to communicating and consulting with other countries when it comes to new trade rules. (ANT)
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