# EU-Malaysia Joint Press Statement on EU Deforestation-Free Regulation (EUDR) and the Malaysian Sustainable Palm Oil (MSPO) Certification Scheme | EEAS

> The EU and Malaysia issued a joint statement on continuing cooperation over the EU Deforestation-Free Regulation and how Malaysia's MSPO certification can provide assurances for EU buyers. The two sides agreed to keep trade flows in palm oil and other commodities uninterrupted.

- Date: 2024-05-18 · published 2024-05-18T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/30261-eu-malaysia-joint-press-statement-on-eu-deforestation-free-regulation-eudr-and
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Recognition of MSPO as a compliance pathway reduces the risk of EU market access loss for Malaysian palm oil, supporting export flows and limiting a bearish supply shock.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-04-02 | [EUDR: Navigating the EU Regulation on Deforestation-Free Products](https://feedsoft.ai/events/30768-eudr-navigating-the-eu-regulation-on-deforestation-free-products.md) | +1.9% | -2.1% |
| PALMOIL | 2022-11-03 | [New EU deforestation regulation could threaten the palm oil sector](https://feedsoft.ai/events/38694-new-eu-deforestation-regulation-could-threaten-the-palm-oil-sector.md) | -3.2% | -0.2% |
| PALMOIL | 2017-04-05 | [Malaysia worried EU resolution could dent palm oil exports \| The Star](https://feedsoft.ai/events/71390-malaysia-worried-eu-resolution-could-dent-palm-oil-exports-the-star.md) | -0.3% | -1.6% |
| PALMOIL | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | +4.2% | -2.2% |
| PALMOIL | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +9.2% | +2.0% |

## Sources

- eeas.europa.eu: https://www.eeas.europa.eu/delegations/malaysia/eu-malaysia-joint-press-statement-eu-deforestation-free-regulation-eudr-and-malaysian-sustainable_en?s=170

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.